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Egypt’s Path to Democracy and Development, Part 1: Democracy

(Note: This is the first of a two-part guest post by Catherine Herrold, a PhD candidate at Duke University whose dissertation looks at the relationship between philanthropic foundations and the Egyptian revolution. The second part will be posted on Wednesday morning.)

Over the long term I am optimistic for Egypt. But our transition will last at least 10 to 15 years. In the meantime I am pessimistic.

This was a common sentiment expressed by civil society leaders during the first year of Egypt’s democratic transition. From January 2010 through July 2012, I conducted 75 interviews with staff of Egyptian NGOs, Egyptian philanthropic foundations, and international donors operating in Egypt. All felt that civil society had an important role to play in advancing Egypt’s political transition in the wake of the January 25, 2011 revolution.

None, however, predicted that the transition would be swift. Rather, they all agreed that while the revolution was sudden, substantive transformation would take time. They also pointed out that while change at the top levels of political power was crucial, reform would only be complete when marginalized groups were able to fully claim their economic, social, and political rights.

The Future of Farm Bills

Historically, farm bill politics relied on an urban-rural logroll in which farm state lawmakers voted for food stamps in exchange for urban votes on agricultural subsidies. This year’s debate shows how much this has changed. Republican efforts to cut nutrition programs, including passage of an amendment adding strict work requirements as a condition of eligibility, all but assured Democratic opposition. When ultra-conservative Republicans split ranks because they felt these cuts did not go far enough, they effectively killed the bill. …

Splitting off farm subsidies from nutrition programs would be enormously consequential. In political terms, it would formally tear apart the urban-rural coalition that has been in place since the 1960s. In policy terms it would expose SNAP funding to deep cuts so long as Republicans hold a majority in the House. However, breaking the coalition would also expose farm subsidies to cuts as rural lawmakers could no longer lean on urban members for support. Interestingly, neither side wants to see less money going to its constituents yet this may be what happens as polarized policymaking makes cross-partisan coalitions less stable.

From a fascinating post last week by Johns Hopkins political scientist Adam Sheingate over at The Monkey Cage.

Adam is also the author of the 2003 book The Rise of the Agricultural Welfare State, in which he looked at agricultural protection from a comparative perspective and concluded that agricultural lobbies are not as powerful as one commonly hears.

Comment of the Week: Speculation and Commodity Prices

Gabriel, who knows a thing or two about commodity prices, comments on yesterday’s post in which I talked about how Aulerich et al. find no evidence that speculation caused the food crisis:

I would just add:
(1) Granger-causality is not causality as is typically understood, and is best interpreted as “predictability.” Thus, if knowledge of speculative positions does not improve our price forecasts, it is reasonable to conclude that speculation does not affect prices.
(2) Speculators can profit either by taking long (buy) or short (sell) positions, so there is no reason to believe they would have an interest in strictly rising prices.
(3) Prices have gone up for some commodities for which there are no financial instruments (i.e. speculation); and prices have not gone up for some commodities for which there are financial instruments.