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      No factories, no problems: the logic of neo‐liberalism in Egypt

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      Review of African Political Economy
      Review of African Political Economy
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            Abstract

            Neo‐liberalism is a success of the political imagination. Its achievement is a double one. It makes the window of political debate uncommonly narrow and at the same time promises from this window a prospect without limits. On the one hand it frames public discussion within the elliptic language of neo‐classical economics. The condition of the nation and its collective well being are pictured only in terms of how it is adjusted in gross to the discipline of monetary and fiscal balance sheets. On the other, neglecting the actual concerns of any concrete local or collective community, it encourages the most exuberant dreams of private accumulation — and a chaotic reallocation of collective resources.

            Content

            Author and article information

            Journal
            crea20
            CREA
            Review of African Political Economy
            Review of African Political Economy
            0305-6244
            1740-1720
            December 1999
            : 26
            : 82
            : 455-468
            Affiliations
            a New York University, Department of Politics E-mail: tim.mitchell@ 123456nyu.edu
            Article
            8704412 Review of African Political Economy, Vol. 26, No. 82, December 1999, pp. 455-468
            10.1080/03056249908704412
            c59b73ad-8046-45d3-9cab-f53756f928ff

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            History
            Page count
            Figures: 0, Tables: 0, References: 28, Pages: 14
            Categories
            Original Articles

            Sociology,Economic development,Political science,Labor & Demographic economics,Political economics,Africa

            Endnotes

            1. ‘Dreamland: The Neoliberalism of Your Desires’ in Middle East Report ( Winter 1999 ).

            2. , Country Report: Egypt , 3rd quarter 1999 , p. 25

            3. , Country Report: Egypt , 3rd quarter 1999 , p. 25

            4. ‘Prince Alwaleed: Still Stellar?’ The Economist , 2 October 1999 , p. 74 .

            5. , Country Report: Egypt , 1st quarter 1999 , p. 33 .

            6. Middle East Times — Egypt , 27 August 1999

            7. and , Egypt: Beyond Stabilization, Towards a Dynamic Market Economy , IMF Occasional Paper, no. 163 ( Washington DC : IMF , 1998 )

            8. et al. , Egypt: Beyond Stabilization , table 1, p. 2 ).

            9. and , ‘India: Dirigisme, Structural Adjustment, and the Radical Alternative’ , in Globalization and Progressive Economic Policy (ed.), , , and ( Cambridge , 1998 ), pp. 67 – 91 .

            10. , ‘Egyptian Stabilization’ , p 35

            11. , Country Report: Egypt , 3rd quarter 1998 , pp. 19 – 20 .

            12. , ‘State Intervention’ , p. 13 .

            13. , Country Report: Egypt , 3rd quarter 1998 , p. 19

            14. , Country Report: Egypt , 3rd quarter 1999 , p. 20 .

            15. , Country Report: Egypt , 3rd quarter 1998 , p. 21 .

            16. Business Today: Egypt , November 1988 , p. 29 .

            17. , Egypt: Country report , 3rd Quarter 1999 , pp. 29 – 30 .

            18. , Egypt: Country Report , 3rd Quarter 1999 , pp. 20 – 21

            19. , Egypt: Country Report , 3rd Quarter 1999 , p. 27 .

            20. , ‘Interpreting Household Budget Surveys: Estimates for Poverty and Income Distribution in Egypt’ , Working Papers of the Economic Research Forum for the Arab Countries, Iran and Turkey , no. 9714. Cairo , 1997 , pp. 17 – 19 .

            21. and , ‘Structural Adjustment and Egyptian Agriculture: Some Preliminary Indication of the Impact of Economic Reforms’ , in and (eds.), Sustainable Agriculture in Egypt , Boulder and London : Lynne Rienner , 1993 , pp. 127 – 39 ; p. 134 .

            22. & ( 1992 ), Egyptian Development and US Aid: A 25‐Year Perspective , Seattle : Rural Development Institute .

            23. ( 1993 ), ‘Small Farmer Households and Agricultural Sustainability in Egypt’ , in & (eds.), Sustainable Agriculture in Egypt , Boulder : Lynne Ryner , pp. 185 – 195

            24. & ( 1991 ), ‘Efficiency and Farm Size in Egypt: A Unit Output Price Profit Function Approach’ , Applied Economics , vol. 23 .

            25. ( 1988 ), Development Economics , Princeton : Princeton University Press , pp. 415 – 463 .

            26. , Country Profile , table 28, p. 54 .

            27. , ‘MPs rage over erosion of parliamentary power’ , Al‐Ahram Weekly , 7–13 January 1999 : 3 .

            28. ( 1996 ), ‘The ‘Wrong Success’: America's Fear of Democracy in the Middle East’, (in Arabic) , in , Al‐dimuqratiyya wa'l‐dawla fi al‐'alam al‐'arabi , Cyprus : Dar ‘Iybal .

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