Economic Crisis And The Politics Of Reform In Egypt
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Economic Crisis And The Politics Of Reform In Egypt by Ray Bush Pdf
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.
The Political Economy of Reforms in Egypt by Khalid Ikram Pdf
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.
The Political Economy of Crisis Management and Reform in Egypt by Mahmoud Mohieldin,Hanan Amin-Salem Pdf
This Palgrave Pivot, in light of the new conditions, the new realities and the essential new “unknowns” abruptly thrown up by the COVID-19 pandemic, offers pragmatic policy prescriptions to Egyptian decision-makers as a road map to guide them in steering the country out of crisis and toward a better future for the Egyptian people. Egypt is the world’s 14th largest country by population but ranks only 44th globally with regards to its GDP (in 2019 nominal US$ terms). The mismatch between Egypt’s population size and GDP rank highlights a key concern of this work – that in spite of notable achievements in certain areas and the success of the recently-concluded IMF program, the country remains far from achieving its economic potential. Throughout its modern era, the country has lagged behind in household income, social welfare, productivity and many other markers of twenty-first century economic success even vis-à-vis other developing country peers. This book focuses on framing the optimal macroeconomic policy agenda for Egypt in the face of the big global, regional and national forces that are being accelerated, intensified or changed by the COVID-19 crisis rather than on specific sectoral policy formulations. The authors present these big questions in the context of showing how Egypt can best navigate the risks and seize the opportunities of the current period of intense flux and transition, to put itself in the best possible position to create prosperity, stability, and hope for its citizens. The authors examine to what extent the Egyptian authorities can fulfill their ambitious development plans and in producing this work, to provide useful lessons that can be applied to other governments struggling to respond to the challenges of the age.
Economic Development and Political Reform by Bradley Louis Glasser Pdf
"Providing new theoretical perspectives on Third World political and economic reform, this innovative volume will be of particular interest to political economists, international governmental and developmental organizations, international financial institutions and non-governmental organizations in this region."--BOOK JACKET.
The Political Economy of the Egyptian Revolution by R. Roccu Pdf
While the 2011 Egyptian revolution has already become the subject of much debate, the roots of the socio-economic context which made the revolution possible have seldom been explored. Roberto Roccu addresses this gap and in doing this provides the first detailed study of the deeper causes of the Egyptian revolution. Relying on an innovative understanding of Antonio Gramsci's thought, He argues that economic reforms implemented since the late 1980s provided the conditions for both the emergence of a capitalist oligarchy within the regime and an unprecedented rise in socio-economic inequality in society at large. These two processes substantially eroded any remnants of hegemony, leaving the Mubarak regime ill-equipped to face the global economic crisis. By alienating sections of the ruling bloc while impoverishing vast strata of the population, neoliberal reforms provided a necessary, although by no means sufficient, condition for the Egyptian revolution to occur.
Economic Policy Reform in Egypt by Iliya F. Harik Pdf
"Provides a new perspective on public policy in postrevolutionary Egypt, breaking theoretical ground in the development debate. . . . Students and scholars in the fields of Middle East studies and development studies will find this work seminal."--Tareq Y. Ismael, University of Calgary Focusing on six areas of economic policy reform in Egypt--industry, agriculture, subsidies, foreign exchange, education, and housing--Iliya Harik outlines the development strategy of a country that once led the nonaligned nations of the Third World and explains its slow transition from an authoritarian to a more open and competitive system. Harik observes that Egypt's poor economic performance under Nasser, Sadat, and Mubarak has resulted from a development strategy emphasizing balance over growth. While some analysts have claimed that Egypt's economy has suffered under a heavy welfare burden, Harik shows to the contrary that the bulk of spending has gone to support a form of economic nationalism aimed at controlled self-sufficiency--an economic strategy that has ultimately proved detrimental both to growth and to social welfare. Beyond his analysis of Egypt's economic model, with its bias for slow growth and high cost, Harik shows how unrealistic policies have engendered a culture that is not civic-minded and explains the political and economic reasons for the regime's gradualist approach to change. In his concluding chapter, he explores the possibility of a development strategy wherein creative talent is emphasized and public agencies work with organized labor to generate growth, employment, and equity. Iliya Harik is professor of political science at Indiana University and author and editor of numerous books and articles, including The Political Mobilization of Peasants (1974) and Privatization and Liberalization in the Middle East (1992).
State, Labor, and the Transition to a Market Economy by Agnieszka Paczyńska Pdf
In response to mounting debt crises and macroeconomic instability in the 1980s, many countries in the developing world adopted neoliberal policies promoting the unfettered play of market forces and deregulation of the economy and attempted large-scale structural adjustment, including the privatization of public-sector industries. How much influence did various societal groups have on this transition to a market economy, and what explains the variances in interest-group influence across countries? In this book, Agnieszka Paczyńska explores these questions by studying the role of organized labor in the transition process in four countries in different regions—the Czech Republic and Poland in eastern Europe, Egypt in the Middle East, and Mexico in Latin America. In Egypt and Poland, she shows, labor had substantial influence on the process, whereas in the Czech Republic and Mexico it did not. Her explanation highlights the complex relationship between institutional structures and the “critical junctures” provided by economic crises, revealing that the ability of groups like organized labor to wield influence on reform efforts depends to a great extent on not only their current resources (such as financial autonomy and legal prerogatives) but also the historical legacies of their past ties to the state. This new edition features an epilogue that analyzes the role of organized labor uprisings in 2011, the protests in Egypt, the overthrow of Mubarak, and the post-Mubarak regime.
Stabilization and Adjustment in Egypt by Gouda Abdel-Khalek Pdf
This book studies the impact of Egypt's Economic Reform and Structural Adjustment Programme (ERSAP), the effects of which have been of great interest to the international community. Organizations such as the World Bank and the IMF uphold the programme as a success story and example for other countries to follow. ERSAP also has its critics, however, who resent its tendency to downsize government and fear possible negative effects on growth and development. The author discusses these concerns along with those regarding the possible negative social effects of ERSAP.
Counter-revolution in Egypt's Countryside by Ray Bush Pdf
Agriculture is at the centre of Egypt's economy, society and politics. This book explores the impact of market liberalisation policies which fundamentally reversed the gains obtained by tenant farmers under Nasserist reforms.
The Muslim Brotherhood and Egypt's Succession Crisis by Mohammed Zahid Pdf
"Framing economic and political reform in the Middle East, this book explores the interplay between the Egyptian state, the Muslim Brotherhood and the politics of succession. Egypt has in recent years experienced a rise in political activism driven by increasing internal demands for reform and change, impacting upon its economic and political strategy. Two key issues have been central to this: the Muslim Brotherhood, in its evolution from a spiritual to a political movement, and the politics of succession, which has seen the grooming of Gamal Mubarak, son of President Hosni Mubarak, to usher forward the inheritance of power in Egypt. This book enables a greater understanding of the dynamics of authoritarianism and democratisation, and the challenges and dilemmas which any future Egyptian reform process will face in the context of succession to Hosni Mubarak."--Bloomsbury publishing.
Crisis and Class War in Egypt by Sean F. McMahon Pdf
In 2011, capital's crisis erupted in Egyptian society. This eruption, and subsequent politics, have been misrepresented as revolutionary, as the working class was - and is increasingly so - devalued and disempowered. In Crisis and Class War in Egypt, Sean F. McMahon critically analyses Egypt's recent political history. He argues that the so-called 'revolution' was the appearance of capital's destruction of the value of the Egyptian working class and an existential crisis for capital. In response, productive capital in the form of the military used, disposed of and replaced its junior partners in governing; first the predatory capital of the Mubarak state with the commodity capital of the Muslim Brotherhood, and then commodity capital with the finance capital of the Gulf Cooperation Council. These reconfigurations have been expressed in all manner of reactionary governmental arrangements including constitutions, legislation and currency reform. Extending today's analysis into the near future, McMahon sees the war of Egyptian society intensifying, and increasingly violent lives for Egyptian workers.--Publisher's description.
A conceptually rich, historically informed, and interdisciplinary study of the contentious politics emerging out of decades of authoritarian neoliberal economic reform, The Roots of Revolt examines the contested political economy of Egypt from Nasser to Mubarak, just prior to the Arab Uprisings of 2010-11. Based on extensive fieldwork conducted across rural and urban Egypt, Angela Joya employs an 'on the ground' approach to critical political economy that challenges the interpretations of Egyptian politics put forward by scholars of both democratization and authoritarianism. By critically reassessing the relationship between democracy and capitalist development, Joya demonstrates how renewed authoritarian politics were required to institutionalize neoliberal reforms demanded by the International Monetary Fund, presenting the real-world impact of economic policy on the lives of ordinary Egyptians before the Arab Uprisings.
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.