Conyism and Elite Capture in Egypt: From Businessmen Cabinet to Military Inc.
- xv, 229 p., ill. (black and white); 24 cm
- Routledge Studies in Middle Eastern Politics .
Includes bibliographical references and index.
Providing context -- Reconceptualizing "business" and "state" in business-state relations -- Developing Egypt's "SMEs:" the social fund for development -- USAID's "private sector" projects : planting the seeds of exclusion -- The businessmen cabinet's "public private partnerships" for exclusive development -- Reform losers : the cosmopolitan capital deficient -- Public resources, private equity : reaping the fruits of financial liberalization -- The QIZ agreement : negotiating networks of privilege -- Expanding privilege? : International actors complicating domestic agendas -- Reorganizing networks of privilege : disruption, reconfiguration and persistence in the face of regime change, 2011-2020.
"Examining business-state networks in Egypt (1991-2020), this book highlights the complicity of international actors in facilitating inequality and elite capture. The interdisciplinary methodology 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 the Middle East studies"--
Business and politics--History--Egypt--20th century Business and politics--History--Egypt--21st century Corruption--History--Egypt--20th century Corruption--History--Egypt--21st century Businessmen--Political activity--Egypt Elite (Social sciences)--Egypt
Egypt--Economic policy Egypt--Politics and government--1981-2011 Egypt--Politics and government--2011-