Abstract
The pattern of economic relations between Egypt and the rest of the world has been dominated since the mid-1950s by close and significant links with the Soviet Union and other Eastern European countries. These links involve trade, technical and financial aid, as well as arms supplies and other forms of military assistance. Soviet bloc countries have contributed to major development projects, mainly in industry and irrigation, by supplying a substantial part, or the whole of the ‘package’. The High Dam at Aswan is the most notable, and now the most controversial example of close co-operation between Egypt and the Soviet Union in economic development.
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Notes
Robert Mabro, The Egyptian Economy 1952–1972 (Oxford University Press, 1974), pp. 167–8.
D. Mead, Growth and Structural Change in the Egyptian Economy (Homewood, Ill., 1967), p. 183.
B. Hansen and K. Nashashibi, Foreign Trade Regimes and Economic Development: Egypt, New York, 1975, pp. 212–3.
George K. Kardouche, United Arab Republic: Case Study of Aid through Trade and Repayment of Debt in Goods or Local Currencies (UNCTAD, 1968 ).
Robert Mabro, The Egyptian Economy, 1952–1972 (Oxford University Press, 1974).
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© 1977 Deepak Nayyar
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Mabro, R. (1977). Egypt’s Economic Relations with the Socialist Countries. In: Nayyar, D. (eds) Economic Relations between Socialist Countries and the Third World. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-03293-8_3
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DOI: https://doi.org/10.1007/978-1-349-03293-8_3
Publisher Name: Palgrave Macmillan, London
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