Egypt's Economic Predicament PDF Download

Author: Ğalāl A. Amīn
Publisher: BRILL
ISBN: 9789004101883
Category : Social Science
Languages : en
Pages : 168

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Book Description
This is a succinct and lucid analysis of Egypt's major economic problems, their origin and development, and their relationship to Egypt's social turmoil. It also contains a powerful critique of the program of structural adjustment which constitutes today's conventional wisdom.

Author: Galal A. Amin
Publisher: BRILL
ISBN: 9004491171
Category : Social Science
Languages : en
Pages : 160

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Book Description
Egypt's Economic Predicament contains a succinct and lucid analysis of virtually all the major economic problems of Egypt: their origin, development and the prospect of solving them. It presents today's economic problems of Egypt in a wider historical context and shows their relationship to current social issues, including the growth of religious fanaticism. The book also contains a powerful critique of the “Structural Adjustment” program of reform, which constitutes today's conventional wisdom. The subtitle of the book describes it as “a study in the interaction of external pressure, political folly and social tension”, and as such it should be of interest not only to scholars and students of development in Egypt and the Middle East, but to those occupied with other Third World countries as well.

Author: Amr Adly
Publisher: Stanford University Press
ISBN: 150361221X
Category : History
Languages : en
Pages : 396

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Book Description
Egypt has undergone significant economic liberalization under the auspices of the International Monetary Fund, the World Bank, USAID, and the European Commission. Yet after more than four decades of economic reform, the Egyptian economy still fails to meet popular expectations for inclusive growth, better standards of living, and high-quality employment. While many analysts point to cronyism and corruption, Amr Adly finds the root causes of this stagnation in the underlying social and political conditions of economic development. Cleft Capitalism offers a new explanation for why market-based development can fail to meet expectations: small businesses in Egypt are not growing into medium and larger businesses. The practical outcome of this missing middle syndrome is the continuous erosion of the economic and social privileges once enjoyed by the middle classes and unionized labor, without creating enough winners from market making. This in turn set the stage for alienation, discontent, and, finally, revolt. With this book, Adly uncovers both an institutional explanation for Egypt's failed market making, and sheds light on the key factors of arrested economic development across the Global South.

Author: Khalid Ikram
Publisher: Oxford University Press
ISBN: 9774167945
Category : Business & Economics
Languages : en
Pages : 449

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Book Description
Drawing on Khalid Ikram's extensive knowledge of economic policymaking at the highest levels, The Political Economy of Reforms in Egypt lays out the enduring features of the Egyptian economy and its performance since 1952 before presenting an account of policy-making, growth and structural change under the country's successive presidents to the present day.

Author: Aaron G. Jakes
Publisher: Stanford University Press
ISBN: 1503612627
Category : History
Languages : en
Pages : 465

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Book Description
The history of capitalism in Egypt has long been synonymous with cotton cultivation and dependent development. From this perspective, the British occupation of 1882 merely sealed the country's fate as a vast plantation for European textile mills. All but obscured in such accounts, however, is Egypt's emergence as a colonial laboratory for financial investment and experimentation. Egypt's Occupation tells for the first time the story of that financial expansion and the devastating crises that followed. Aaron Jakes offers a sweeping reinterpretation of both the historical geography of capitalism in Egypt and the role of political-economic thought in the struggles that raged over the occupation. He traces the complex ramifications and the contested legacy of colonial economism, the animating theory of British imperial rule that held Egyptians to be capable of only a recognition of their own bare economic interests. Even as British officials claimed that "economic development" and the multiplication of new financial institutions would be crucial to the political legitimacy of the occupation, Egypt's early nationalists elaborated their own critical accounts of boom and bust. As Jakes shows, these Egyptian thinkers offered a set of sophisticated and troubling meditations on the deeper contradictions of capitalism and the very meaning of freedom in a capitalist world.

Author: Gerasimos Tsourapas
Publisher: Cambridge University Press
ISBN: 1108659047
Category : Political Science
Languages : en
Pages : 265

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Book Description
In this ground-breaking work, Gerasimos Tsourapas examines how migration and political power are inextricably linked, and enhances our understanding of how authoritarian regimes rely on labour emigration across the Middle East and the Global South. Dr Tsourapas identifies how autocracies develop strategies to tie cross-border mobility to their own survival, highlighting domestic political struggles and the shifting regional and international landscape. In Egypt, the ruling elite has long shaped labour emigration policy in accordance with internal and external tactics aimed at regime survival. Dr Tsourapas draws on a wealth of previously-unavailable archival sources in Arabic and English, as well as extensive original interviews with Egyptian elites and policy-makers in order to produce a novel account of authoritarian politics in the Arab world. The book offers a new insight into the evolution and political rationale behind regime strategies towards migration, from Gamal Abdel Nasser's 1952 Revolution to the 2011 Arab Uprisings.

Author: Robert Springborg
Publisher: John Wiley & Sons
ISBN: 150952052X
Category : Political Science
Languages : en
Pages : 264

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Book Description
Egypt is one of the few great empires of antiquity that exists today as a nation state. Despite its extraordinary record of national endurance, the pressures to which Egypt currently is subjected and which are bound to intensify are already straining the ties that hold its political community together, while rendering ever more difficult the task of governing it. In this timely book, leading expert on Egyptian affairs Robert Springborg explains how a country with such a long and impressive history has now arrived at this parlous condition. As Egyptians become steadily more divided by class, religion, region, ethnicity, gender and contrasting views of how, by whom and for what purposes they should be governed, so their rulers become ever more fearful, repressive and unrepresentative. Caught in a downward spiral in which poor governance is both cause and consequence, Egypt is facing a future so uncertain that it could end up resembling neighboring countries that have collapsed under similar loads. The Egyptian "hot spot", Springborg argues, is destined to become steadily hotter, with ominous implications for its peoples, the Middle East and North Africa, and the wider world.

Author: Ray Bush
Publisher: Routledge
ISBN: 0429721471
Category : Political Science
Languages : en
Pages : 172

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Book Description
This book examines the character and consequences of Egypt's economic reform and structural adjustment programme of 1991, along with the second stage of reforms in 1996. It contributes to the debates underpinning the political economy of economic reform and agricultural reform.

Author: Yahia Shawkat
Publisher: American University in Cairo Press
ISBN: 1649030339
Category : Social Science
Languages : en
Pages : 303

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Book Description
A provocative analysis of the roots of Egypt’s housing crisis and the ways in which it can be tackled Along with football and religion, housing is a fundamental cornerstone of Egyptian life: it can make or break marriage proposals, invigorate or slow down the economy, and popularize or embarrass a ruler. Housing is political. Almost every Egyptian ruler over the last eighty years has directly associated himself with at least one large-scale housing project. It is also big business, with Egypt currently the world leader in per capita housing production, building at almost double China’s rate, and creating a housing surplus that counts in the millions of units. Despite this, Egypt has been in the grip of a housing crisis for almost eight decades. From the 1940s onward, officials deployed a number of policies to create adequate housing for the country’s growing population. By the 1970s, housing production had outstripped population growth, but today half of Egypt’s one hundred million people cannot afford a decent home. Egypt's Housing Crisis takes presidential speeches, parliamentary reports, legislation, and official statistics as the basis with which to investigate the tools that officials have used to ‘solve’ the housing crisis—rent control, social housing, and amnesties for informal self-building—as well as the inescapable reality of these policies’ outcomes. Yahia Shawkat argues that wars, mass displacement, and rural–urban migration played a part in creating the problem early on, but that neoliberal deregulation, crony capitalism and corruption, and neglectful planning have made things steadily worse ever since. In the final analysis he asks, is affordable housing for all really that hard to achieve?

Author: M. Riad El-Ghonemy
Publisher: Routledge
ISBN: 1134411928
Category : Business & Economics
Languages : en
Pages : 262

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Book Description
An overview of the political economy and development of contemporary Egypt, focusing on the nature and extent of economic reform and restructuring in the last twenty years.