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The Egypt of Nasser and Sadat, The Political Economy of two regimes

Land reforms, nationalization of Suez, expansion of the public sector, industrialization through militarization, external borrowing import-substitution, authoritarianism represent different aspects of Nasser’s strategy. By 1960, the socializing strategy had been almost perfected, the years 1960-65 represent the high-point of socialism in Egypt. The political and military collapse of 1967 not only demonstrated the failure of the leadership but also exposed the insecure foundations of the socialization experiment.

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