The development of the interwar Egyptian economy resulted from interactions between extra-economic and exogenous factors, normally seen as lying outside the economic sphere in historical accounts. Local economic elites successfully challenged colonial domination of the local economy by utilizing a number of strategies to found locally controlled businesses. The strategy of economic nationalism allowed the local elite to break into the foreign dominated Egyptian economy. By 1927 this strategy was adjusted to facilitate partnerships with foreign firms who sought out partners due to the exigencies of the Great Depression. Foreign powers interested in Egypt began to see colonial control as a detriment to their continued influence in Egypt following their increased economic success in the country. Along with strategic factors this would bring about the diminution of the capitulations in 1937 in favor of bi-lateral trade arrangements.
| Identifer | oai:union.ndltd.org:arizona.edu/oai:arizona.openrepository.com:10150/193276 |
| Date | January 2009 |
| Creators | Murphy, Evan Roger |
| Contributors | Smith, Charles D., Smith, Charles D., Hudson, Leila, Gibbs, David N. |
| Publisher | The University of Arizona. |
| Source Sets | University of Arizona |
| Language | English |
| Detected Language | English |
| Type | text, Electronic Thesis |
| Rights | Copyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author. |
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