Two conclusions for German politics from this precarious situation should be drawn: Firstly, the German government should make its own assessment of the economic reforms and strongly urge the IMF to explicitly identify obvious problems, such as the expansion of the military within the economy. Secondly, Germany should address the question of how to respond to future requests for support from the Egyptian government.
Results for Tag: unemployment
Historically, January has been the month of social unrest: from the infamous bread riots in January 1984, to the revolution in January 2011 and the protests over high unemployment in January 2016. Although all of them were violently suppressed, most resulted in major regime change, whether it be ousters, resignations, or in one case, exile. What it will be this time around only time will tell.
A radical economic transformation requires serious compromise from every segment of the establishment – a compromise that those currently benefitting from the corrupt system are unlikely to make. What is certain is that the status quo, which has left many Iranians desperate, will pave the way for periodic outbreaks of dissent that could get out of control at any time.