The Future of the Dollar
U.S. Financial Power Depends on Washington, Not Beijing
As Cairo's citizens drove along the Autostrad this week, they were greeted with four enormous billboards featuring pictures of Turkish Prime Minister Recep Tayyip Erdogan. With Turkish and Egyptian flags, the signs bore the message, "With United Hands for the Future." Erdogan's visit marks a bold development in Turkey's leadership in the region. The hero's welcome he received at the airport reinforced the popular perception: Turkey is a positive force, uniquely positioned to guide the Middle East's ongoing transformation.
By many measures, Erdogan's Turkey appears to have much to offer Egypt (and Tunisia and Libya, which he visited later in the week). His Justice and Development Party (AKP) is deeply attractive to both Islamist and liberal Arabs. For Islamists, it provides a lesson on how to overcome barriers to political participation and remake a once-hostile public arena. For liberals, it demonstrates that even a party of religion can embrace and