Publisher's Synopsis
Focusing on six areas of economic policy reform in Egypt—industry, agriculture, subsidies, foreign exchange, education, and housing—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. Beyond his analysis of Egypt's economic model, with its bias for slow growth and high cost, Harik shows how unrealistic policies have engendered an uncivic culture 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 labor to generate growth, employment, and equity.
