Cronyism and Elite Capture in Egypt Book Reviews
Cronyism and Elite Capture in Egypt by Sarah Smierciak Book Summary
Examining business-state networks in Egypt (1991–2020), this book highlights the complicity of international actors in facilitating inequality and elite capture. Using interdisciplinary methodology, it argues that Western actors promoting market liberalization have served as central partners in enabling elites to capture the fruits of Egypt’s economic reforms.
In the years leading up to the 2011 Revolution, Egypt’s crony capitalism reached new levels of visibility with the appointment of a "Businessmen Cabinet." The businessmen-turned-state representatives ushered in a wave of "market liberalizing" reforms, expanding avenues for the abuse of power. Providing a detailed look at some of this period’s chief beneficiaries, including a number of Egypt’s wealthiest oligarchs, the volume follows their ascent from former President Hosni Mubarak’s first round of neoliberal reforms in 1991 through his last wave of reforms beginning in 2004 and ending in regime overthrow. The final chapter examines the fate of these elites under the brief rule of Muslim Brotherhood President, Mohammed Morsi, and of Abdel Fattah el Sisi’s current military-backed regime.
Based on five years of fieldwork and dozens of interviews with businessmen and state representatives, this book offers a unique look into the politics of policy, and inequality, in Egypt. It will be of interest to scholars reading political economy, international development, and Middle East studies.
Book Name | Cronyism and Elite Capture in Egypt |
Genre | Political Science |
Author | Sarah Smierciak |
Published | 29 November 2021, Monday |
Language | English |
E-Book Size | 3.48 MB |
Cronyism and Elite Capture in Egypt (Sarah Smierciak) Book Reviews 2024
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Summary of Cronyism and Elite Capture in Egypt by Sarah Smierciak
The Cronyism and Elite Capture in Egypt book written by Sarah Smierciak was published on 29 November 2021, Monday in the Political Science category. A total of 0 readers of the book gave the book 0 points out of 5.
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