Achievements of Egypt’s Industrialization Project

Kareem Megahed, Omar Ghannam, Heba Khalil
Post-Colonialisms Today: postcolonialisms.regionsrefocus.org, 2020
Poziom: zaawansowane
Nurt ekonomii: Inne
Temat: Kapitalizm, institutions, mikroekonomia, North-South Relations & Development, social movements & transformation
Formularz: Interview
Czas trwania: 00:05:58
Link: https://youtu.be/tJq95uh_LgY

Post-Colonialisms Today researchers Kareem Megahed and Omar Ghannam explain how early post-independence Egypt sought economic independence via industrialization. Self sufficiency was a major focus at the time, and there was a rise in domestic production for domestic supply and consumption. However, limitation existed in the lack of natural resources, so Egypt remained dependent on foreign supply. Another example provided by Ghannam and Megahed is Egypt’s defiance of the World Bank, IMF, and the U.S.; however, this did end up adversely impacting their access to finance, impeding their industrial production. Both researchers go in depth into the wins, obstacles, and strategies of this time period, all of which offer lessons for contemporary struggles against neoliberalism on the continent.


Comment from our editors:

This video is part of the Post-Colonialisms Today Intergenerational Dialogue in Dar es Salaam, Tanzania.

Go to: Achievements of Egypt’s Industrialization Project

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Ten projekt został stworzony przez Sieć na rzecz Pluralistycznej Ekonomii (Netzwerk Plurale Ökonomik e.V.).  Jest on zaangażowany w różnorodność i niezależność i jest zależny od darowizn od ludzi takich jak Ty. Regularne lub jednorazowe datki będą bardzo mile widziane.

 

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