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Cleft Capitalism
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 ...
State Reform and Development in the Middle East
The economies of Turkey and Egypt, remarkably similar until the early 1980s, have since taken divergent paths. Turkey has successfully implemented a policy of export led industrialisation whilst Egypt’s manufacturing industry and exports have stagnated. In this book, Amr Adly uses extensive primary research to present detailed comparisons of Turkey’s and Egypt’s state administrative and private sector capacities and links between the two. The conclusion the author draws is that the external contexts for both were so alike that this cannot account for their diverging paths. Instead, the author suggests a counterintuitive yet compelling explanation; that a democratic polity is far more likely than an authoritarian one to engender a successful developmental state. Emerging in the wake of the January revolution in Egypt, when hopes for democratisation were raised, this book provides a fresh perspective on the topical subject of state reform and development in the Middle East and will be of interest to students and scholar alike.
Lumbering State, Restless Society
Lumbering State, Restless Society offers a comprehensive and compelling understanding of modern Egypt. Nathan J. Brown, Shimaa Hatab, and Amr Adly guide readers through crucial developments in Egyptian politics, society, and economics from the middle of the twentieth century through the present. Integrating diverse perspectives and areas of expertise, including the tools of comparative politics, the book provides an accessible and clear introduction to the Egypt of today alongside an innovative and rigorous analysis of the country’s history and governance. Brown, Hatab, and Adly highlight ways in which Egypt resembles other societies around the world, drawing from and contributing to broad...
Routledge Handbook on Contemporary Egypt
Investigating key features of contemporary Egypt, this volume includes Egypt’s modern history, politics, economics, the legal system, environment, and its media and modes of cultural expression. It examines Egypt’s capacities to meet developmental challenges, ranging from responding to globalization and regional competition to generating sufficient economic growth and political inclusion to accommodate the interests and demands of a rapidly growing population. The macrohistory of Egypt is complemented by the microhistories of specific institutions and processes that constitute separate sections in this handbook. The chapters revolve around political economy: it is shaped by the people an...
The Roots of Revolt
A conceptually rich, historically informed study of the contested politics emerging out of decades of authoritarian neoliberalism in Egypt.
Oil and the political economy in the Middle East
The downhill slide in the global price of crude oil, which started mid-2014, had major repercussions across the Middle East for net oil exporters, as well as importers closely connected to the oil-producing countries from the Gulf. Following the Arab uprisings of 2010 and 2011, the oil price decline represented a second major shock for the region in the early twenty-first century – one that has continued to impose constraints, but also provided opportunities. Offering the first comprehensive analysis of the Middle Eastern political economy in response to the 2014 oil price decline, this book connects oil market dynamics with an understanding of socio-political changes. Inspired by rentieri...
Seven Pillars
For decades, US foreign policy in the Middle East has been on autopilot: Seek Arab-Israeli peace, fight terrorism, and urge regimes to respect human rights. Every US administration puts its own spin on these initiatives, but none has successfully resolved the region’s fundamental problems. In Seven Pillars: What Really Causes Instability in the Middle East? a bipartisan group of leading experts representing several academic and policy disciplines unravel the core causes of instability in the Middle East and North Africa. Why have some countries been immune to the Arab Spring? Which governments enjoy the most legitimacy and why? With more than half the region under 30 years of age, why does...
Crisis and Class War in Egypt
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.
Stabilization and Adjustment in Egypt
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.
