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.
General
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