Changes In The Egyptian Economy

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...form of government, but progress is slow. It's been suggested that Egypt's economy might offer an explanation for the slow pace of the transition. This paper discusses what is special about the Egyptian economy that it has maintained an authoritarian government for the past 50 years, how that is changing, and whether or not the change will help or hinder the move to democratization.
Discussion
One source gives us a fairly complete history of the Egyptian economy from 1952-1965; let's look at it and then see what we can say about what in the economy has kept the authoritarian government in power.
In 1952, Nassar was in power in Egypt, and he was determined that "the state play a major role in the economy, promising to build the infrastructure and mobilize capital but without discouraging either the private sector or foreign investment" (Rivlin, 1997). There was a "major land reform" instituted to encourage landowners "to invest in industry" (Rivlin, 1997). They would be forced to sell their land...

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