Cleft capitalism the social origins of failed market making in Egypt / Amr Adly.

Author/creator Adly, Amr
Format Electronic
Publication InfoStanford, California : Stanford University Press, 2020.
Description1 online resource
Supplemental ContentFull text available from eBooks on EBSCOhost
Subjects

SeriesStanford studies in Middle Eastern and Islamic societies and cultures
Stanford studies in Middle Eastern and Islamic societies and cultures. ^A703302
Contents Successful Transition to Failed Capitalism -- Beyond Cronyism -- Egypt's Cleft Capitalism -- Origins of Cleft Capitalism -- How Did Cleft Capitalism Come About? -- Egypt's Banking System : An Exclusive Club -- Egypt's Desert Land : Abundant yet Scarce -- Baladi Capitalism -- Dandy Capitalism.'
Abstract "Over the course of four decades, the Egyptian economy underwent consistent and comprehensive economic liberalization, privatization of state-owned enterprises, deregulation. Yet the Egyptian economy today still experiences low-growth, declining total investment rates, and high un- and under-employment. The private sector has never become globally competitive. There are few beneficiaries to the economic transformations begun under Sadat and continued by Mubarak, and most Egyptians, notably public-sector workers and the urban and rural middle classes, claim losses through these efforts. The 2011 uprising highlighted that these efforts at transformation failed not only economically, but politically as well. This book explores how and why 40 years of economic reform efforts largely failed. Amr Adly argues the fault lies in cleft capitalism: the perpetuation of initial size differences in enterprises, through limits on available land and capital (finance), that constrain any opportunities for growth and expansion"-- Provided by publisher.
Bibliography noteIncludes bibliographical references and index.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Source of descriptionDescription based on print version record and CIP data provided by publisher; resource not viewed.
Issued in other formPrint version: Adly, Amr. Cleft capitalism Stanford, California : Stanford University Press, 2020. 9781503608917
Genre/formElectronic books.
LCCN 2019051226
ISBN9781503612211 (ebook)
ISBN(cloth)
ISBN(paperback)

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Electronic Resources Access Content Online ✔ Available