Choosing poverty

Egypt’s General el-Sisi is retaining Tony Blair to advise on economic development. The bill will be picked up by offshore financial centre, the United Arab Emirates. A supporting act will be played by what used to be called Booz and Co., now comically rebranded as Strategy&.

The failure of the Arab Spring in Egypt is complete. Get ready for more poverty, more underdevelopment, and a few multinational companies picking off choice contracts. And then, of course, there is the continuing terrorism that all this implies.

If General el-Sisi wants a book by a general about the basics of effective economic development, he can get a copy of Park Chung Hee’s Our Nation’s Path, and preferably The Country, the Revolution, and I as well, from a decent second-hand bookseller. Indeed there is/was a tattered copy of both, plus Collected Speeches, here for US$33.

On reading these slim but cogent volumes, General el-Sisi would realise the first thing he needed to do was to get rid of Blair, the UAE and Strategy&. Ideally, he’d let Blair come over and then lock him away, thus protecting the rest of the Middle East.

But of course el-Sisi will do no such thing because he’s not in the business of developing the Egyptian economy. He’s in the business of Egyptian business as usual, and killing to that end. Tony’s advice on the Mayfair property market may well be useful.

But mind the bomb.

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