Influences on Business Journalists in Egypt During IMF-backed Economic Adjustments of 2016-2019

Abstract

The economic adjustments that Egypt implemented as part of an IMF-backed program between 2016 and 2019 were a milestone event in the country\u27s economic history. Business journalism was an important part of it as people, policymakers and businesses tried to grasp the developments. Using qualitative in-depth interviews with business journalists and editors, this study attempts to examine the various influences experienced by journalists that affected their framing of news and the quality and type of coverage. The study argues that journalists came under the influence of political pressure and media controls, as well as the technical allure of market sources which helped unify narrative and suppress diverse opinions. The study also shows that although political pressures were an important determinant of coverage, it was not the only major form of pressure. Structural factors that have to do with business models and working routines of media outlets helped trim the narrative and censor alternative perspectives. The study highlights the importance of a review of media regulations and communication policies that would ensure a fair and valuable coverage in the future that is helpful to the audience

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