Mohamed El Baradei in Foreign Policy:
Two years after the revolution that toppled a dictator, Egypt is already a failed state. According to the Failed States Index, in the year before the uprising we ranked No. 45. After Hosni Mubarak fell, we worsened to 31st. I haven't checked recently — I don't want to get more depressed. But the evidence is all around us.
Today you see an erosion of state authority in Egypt. The state is supposed to provide security and justice; that's the most basic form of statehood. But law and order is disintegrating. In 2012, murders were up 130 percent, robberies 350 percent, and kidnappings 145 percent, according to the Interior Ministry. You see people being lynched in public, while others take pictures of the scene. Mind you, this is the 21st century — not the French Revolution!
The feeling right now is that there is no state authority to enforce law and order, and therefore everybody thinks that everything is permissible. And that, of course, creates a lot of fear and anxiety.
You can't expect Egypt to have a normal economic life under such circumstances.