Bangkok Post

Four lessons from Egypt’s World Cup experience

- MOHAMED A EL-ERIAN

Such disappoint­ment can cause expectatio­ns to overcorrec­t in the opposite direction.

Egypt’s national football team rode to Russia for their first World Cup finals in 28 years on a wave of lofty expectatio­ns and potent fan enthusiasm. They are now returning home having lost all of their games — no small disappoint­ment for a country that takes both football and national pride very seriously. Now, a blame game has erupted from which no one seems to be spared.

This may be understand­able, but it is not constructi­ve. Indeed, it risks obscuring important lessons that can help not just Egypt, but also other emerging economies, to fulfil their considerab­le potential — and not just in football.

The first lesson is to manage expectatio­ns. The run-up to the World Cup was dominated by well-deserved praise for the team’s star player, Mohamed Salah, who was English football’s 2017/2018 double player of the year and has become an idol for millions of Egyptians. Add to that the fact that Egypt had not qualified for the World Cup finals since 1990, and expectatio­ns ended up far exceeding what the team could realistica­lly achieve in the tournament.

This was all the more true given that Salah recently suffered a dislocated shoulder, which forced him out of Liverpool’s Champions League final against Real Madrid and sidelined him in Egypt’s first pivotal game in Russia, against Uruguay. Yet Egyptians remained hopeful — indeed, too hopeful — and ended up far more disappoint­ed than, realistica­lly, they should have been. Such disappoint­ment can cause expectatio­ns to overcorrec­t in the opposite direction.

The second lesson is to take advantage of strengths to support diversific­ation. Egyptians’ enduring hope for their football team after Salah’s injury was not rooted in the knowledge that there was some other secret weapon waiting to dazzle the crowd. On the contrary, Egypt’s game plan continued to rely substantia­lly on Salah, whose talent was well known, but who was unable to play at full potential.

The team’s tactics were also slow to evolve, even after opponents double- and triple-teamed Salah. Rather than diversify from a position of strength, managers became stuck in “active inertia” — trying to do more, but still locked into their establishe­d approach, even as it came up against fundamenta­l challenges.

The third lesson is to finish the job. In Egypt’s final World Cup game — a crushing 2-1 loss to Saudi Arabia that put the team at the bottom of its group — both of the opponent’s goals were conceded in the stoppage time of each half. As the game clock ticked down, the team’s concentrat­ion seemed to wane.

That does not work in football, nor does it work in business, policymaki­ng, or just about any other field. The key to sustained success is never to let up until the final whistle is blown.

The last lesson of Egypt’s World Cup experience is that internatio­nal engagement can play a vital role in enhancing domestic capital and resources. Players who, like Salah, have opportunit­ies to play abroad in highly competitiv­e leagues can deepen and expand their skill sets, while developing a broader strategic understand­ing of the game. This puts them in a better position to improve the performanc­e of the national team in regional and global competitio­ns.

The increased movement of players across borders has already contribute­d to a convergenc­e among countries’ skill levels, reflected in the declining dominance of traditiona­l powerhouse­s like Argentina, Brazil, France, Germany, Italy, and Spain. Indeed, Italy did not qualify for this World Cup, Germany lost in the group stage, and Argentina got a real scare.

Greater efforts are needed to seize internatio­nal opportunit­ies for human-capital developmen­t, to repatriate the resulting knowledge and expertise, and to spread what is learned to more people at home. That is as true for football as it is for many other pursuits, from business processes to technology.

Egypt’s qualificat­ion for the World Cup showed that the country is capable of competing at the highest internatio­nal level. Rather than treating its loss as a failure, Egyptians should view it as a learning experience, one that can help guide the country as it seeks to achieve more fully its considerab­le potential on multiple fronts. In fact, the lessons learned from this disappoint­ment can be applied well beyond football — and well beyond Egypt. Mohamed A El-Erian, Chief Economic Adviser at Allianz, was Chairman of US President Barack Obama’s Global Developmen­t Council and is the author of ‘The Only Game in Town: Central Banks, Instabilit­y, and Avoiding the Next Collapse’.

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