from Development Channel

New From CFR: Isobel Coleman on Aid to Egypt

May 8, 2013

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Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions.

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Middle East and North Africa

Foreign Aid

On the new Ask CFR Experts feature today, I consider the question of whether the United States should continue economic aid to Egypt. "The answer," I write, "is a resounding yes." As I add, however:

...Washington is unlikely to increase outright economic aid substantially. Arguably, other forms of assistance, including increased foreign direct investment and trade, and technical and financial support for continued economic reform (particularly on transitioning away from costly and inefficient subsidies), stand to have a bigger positive impact on Egypt’s economy and democratic transition than more monetary aid to the Egyptian government.

You can read the full answer here.

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Middle East and North Africa

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