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Cleft Capitalism: The Social Origins of Failed Market Making in Egypt

Cleft Capitalism: The Social Origins of Failed Market Making in Egypt

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In "Cleft Capitalism," renowned economist Amr Adly delves into the complexities of Egypt's economic liberalization, revealing a stark divide between formal and informal business systems that hinders growth. This thought-provoking analysis highlights the paradox of small businesses failing to evolve into larger, more sustainable enterprises, leading to economic stagnation. With meticulous research and a deep understanding of the Middle East and North Africa, Adly sheds light on the institutional flaws that prevent Egypt's capitalist system from reaching its full potential. By exploring the social origins of this economic failure, Adly offers a nuanced perspective on the challenges of market-based development and the need for a more inclusive approach. A must-read for economists, policymakers, and anyone interested in the intricacies of global capitalism, "Cleft Capitalism" is a groundbreaking work that challenges conventional wisdom and offers a fresh perspective on the complexities of economic development.
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In "Cleft Capitalism," renowned economist Amr Adly delves into the complexities of Egypt's economic liberalization, revealing a stark divide between formal and informal business systems that hinders growth. This thought-provoking analysis highlights the paradox of small businesses failing to evolve into larger, more sustainable enterprises, leading to economic stagnation. With meticulous research and a deep understanding of the Middle East and North Africa, Adly sheds light on the institutional flaws that prevent Egypt's capitalist system from reaching its full potential. By exploring the social origins of this economic failure, Adly offers a nuanced perspective on the challenges of market-based development and the need for a more inclusive approach. A must-read for economists, policymakers, and anyone interested in the intricacies of global capitalism, "Cleft Capitalism" is a groundbreaking work that challenges conventional wisdom and offers a fresh perspective on the complexities of economic development.
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  • Product Type: BOOK
  • Barcode: 9781503608917
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