Friday, May 4, 2012

Whither Egypt?

An article from The Week in Yahoo News does a good job of surveying the current confused political situation in Egypt. The article, however, doesn't deal with economics.

Historically, tourism has been the source of almost all of Egypt's foreign exchange earnings. In spite of his faults, former President Mubarak made Egypt a secular, tourist-friendly place. The result - the world's tourists came in the hundreds of thousands, bringing money and employing Egyptians in various hospitality-related occupations.

Perhaps Egypt's most pressing question is how an Islamist government can operate in a fashion that will be perceived as welcoming by the world's tourists? I've yet to see an answer to this question that makes sense. An Egypt with only Muslim tourists will be a very poor place, unable to maintain its many historical sites or feed its people.