Egypt in the Era of Hosni Mubarak by Galal Amin PDF

By Galal Amin

ISBN-10: 9774164008

ISBN-13: 9789774164002

A brand new, provocative booklet from the writer of Whatever occurred to the Egyptians?

Galal Amin once more turns his recognition to the shaping of Egyptian society and the Egyptian kingdom within the half-century and extra that has elapsed because the Nasserite revolution, this time concentrating on the period of President Mubarak.

As ordinary, he orders his chapters thematically, addressing such urgent matters as corruption, poverty, the plight of the center category, and naturally, the economic climate. alongside the way in which, he directs his penetrating gaze towards the Mubarak regime's uneasy courting with the rather unfastened press it has inspired, the vexing factor of presidential succession, and Egypt's family members with the Arab international and the U.S.. Addressing such subject matters from the viewpoint of an energetic player in Egyptian highbrow lifestyles through the period, Galal Amin portrays the Mubarak regime's stance within the household and overseas arenas as a great deal a fabricated from historical past, which, whereas no longer exonerating the regime, definitely is helping to provide an explanation for it.

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Extra info for Egypt in the Era of Hosni Mubarak

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The commissions garnered by the government elites increased beyond limit, while huge incentives began to appear for the directors of public sector companies willing to enter into joint ventures with foreign companies. Encroachment on agricultural lands for the building of illegal residential units increased to the extent that what was lost in agricultural area under Sadat was nearly equal to what had been gained from the High Dam. Soon after President Sadat’s assassination, people discovered the size of the fortune Esmat al-Sadat had amassed during his brother’s term in office.

But in Egypt the pound maintained its value throughout the 1950s and 1960s, for the inflation rate did not exceed 2 or 3 percent. Egyptian goods were produced almost solely for the Egyptian people, and almost all goods and services on offer were locally made and denominated in Egyptian pounds. It was later, during the 1970s, that Egypt began to split into two nations: one whose earnings and expenditures were in dollars (or at least whose goods and services were valued in dollars) and the other whose earnings and expenditures were in Egyptian pounds.

What has happened to income distribution among various segments of society? Is it becoming more or less equal? These, then, are the three standard measures we use to gauge the quality of economic performance: the growth rate of Gross Domestic (or National) Product, structural change, and change in income distribution. This makes a lot of sense: the ultimate aim of economic activity is to increase economic welfare (that is, welfare arising from the consumption of goods and services). indd 45 3/9/11 9:25:00 PM or other kinds of goods and services?

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Egypt in the Era of Hosni Mubarak by Galal Amin

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