EGYPTIAN STATE OWNED ENTERPRISES: A SECTOR IN TRANSITION

Abstract

Despite the increasing world‐wide preference for free market economies, many developing nations (DNs) still have a significant public sector. Egypt, for one, still has about 70 percent of total national investment under the control of State‐owned enterprises (SOEs); quite an improvement over the sixties and early seventies when this ratio was 90 percent (Handussa, 1989). Judging by the rate of change since the declaration of the open‐door policy in 1974, it is wise to assume that SOEs will continue to play a dominant role in the Egyptian economy for the foreseeable future.

Citation

Youssef, S. (1994), "EGYPTIAN STATE OWNED ENTERPRISES: A SECTOR IN TRANSITION", International Journal of Commerce and Management, Vol. 4 No. 4, pp. 5-25. https://doi.org/10.1108/eb047297