Egypt and the United States: collaborators in economic development
1981; Middle East Institute; Volume: 35; Issue: 1 Linguagem: Inglês
ISSN
1940-3461
Autores Tópico(s)Socioeconomic Development in MENA
ResumoHE EGYPTIAN ECONOMY is one in transition. The origins of this transition are diverse and were officially heralded by the October Manifesto of President Anwar al-Sadat in 1974. The resulting changes in the economy are part of a broader political evolution away from a posture combining intense inward nationalism, pan-Arabism and considerable interdependence with the Soviet Bloc towards a more internationalist outlook and a deliberate move towards closer political and economic relationships with the Western industrial nations. The October Manifesto was based on certain key themes-closer political relations with the West, and particularly the United States, were seen as critical to achievement of peace in the Middle East; revival of the private sector was needed to stimulate a stagnant economy; widening of the political process, including decentralization of administrative and economic decision making on a broad basis, was viewed, among other things, as important to economic growth.
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