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Dependent Development and U.S. Economic Aid to Egypt

Bibliographic Data

ID8970152
AuthorsMarvin G Weinbaum (University of Illinois Urbana-Champaign, corresponding author)
Year1986
Volume18
Issue2
Pages119-134
Publication date1986-05-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueInternational Journal Middle East Studies (JOURNAL)
Journal identifiersISSN: 0020-7438 • E-ISSN: 1471-6380
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0020743800029755
OpenAlexW2072163167
LanguageEN
Citations received1
References cited5

Egypt was firmly ensconced by the early 1980s in the ranks of the Third World's more dependent, financially troubled economies. The country's total foreign debt, under $3 billion in 1973, had grown to 16 billion by 1979. In 1982–83, the external debt was estimated at $20 billion, with the servicing of medium and long-term obligations absorbing more than one-third of export earnings. The terms of trade were also moving against Egypt as its major exports lost value. A trade deficit, registered largely with EEC countries and the United States, stood at the equivalent of $4.7 billion in 1982–83

Business · Debt · Earnings · Economics · Economy · External debt · International economics · International trade · Macroeconomics · Medium term · Value (mathematics · Finance · International Development and Aid · Natural Resources and Economic Development · Political Conflict and Governance

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  • Dependence, dependency, and power in the global system

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Unique citing works1
Citations per year0,03
Citation span1997 - 1997 (1)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 1

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