Credit Egypt

A decade ago, while researching a book about the failure of the modern Arab economy, I spent a day with Mohammed Morsi, then a member of Egypt’s parliament and a senior leader of the Muslim Brotherhood. Morsi represented the Nile Delta town of Zakazik. An engineer by training, he was also a lecturer at the local university and as we strolled through the campus he lamented the dire mismatch between the demands of Egypt’s young population and the diminishing returns of its economy. “W...

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