State and Entrepreneurs in Egypt

Naiem A. Sherbiny is the author of numerous publications on the Middle East, energy, and international finance. He holds a BA from Cairo University, Egypt, and a PhD from the University of California, Berkeley, USA. He has held academic positions at numerous prestigious institutions, including Harvard University and Georgetown University, USA, Oxford University, UK, and the American University in Cairo, Egypt. He served as an economist at Oak Ridge National Laboratory, the Arab Fund, and the World Bank. Now retired, he spends his time writing and consulting. Omaima M. Hatem is an international entrepreneur. She has served as founder, president, and CEO of a number of private firms and nongovernmental organizations that extended services into 28 countries. She has a BSc, MSc, and MBA from the American University in Cairo, and a PhD from University of Edinburgh, UK, where she currently lectures Entrepreneurship and International Business. She is a fellow of Higher Education Association, UK and she is on the Advisory Board of the Turing Trust, UK and the Breast Cancer Foundation, Egypt.

• List of tables Preface Acknowledgments 1. State & Entrepreneurs: Theory and Development 2. State Policies: the Great Pasha's Dynasty (1805- 1952) 3. State Policies: The Military (1952-2014) 4. From Hibernation to Globalization 5. Quo Vadis Egypt Bibliography Index

"In this first and vivid tour of entrepreneurship in Egypt across nearly two centuries and backed with new and rich research State and Entrepreneurs in Egypt: Economic Development since 1805 provocatively underscores the great, natural entrepreneurial spirit deep in its wonderful culture." - Christopher Schroeder, CEO of Legi-Slate and author of Startup Rising: The Entrepreneurial Revolution Remaking the Middle East"This book could enrich the conversation on the role of entrepreneurship in emerging economies, a fast-growing area of scholarship." - Shaker Zahra, Department Chair, Robert E. Buuck Chair of Entrepreneurship, University of Minnesota, USA"'It can happen again' is the message of hope an Egyptian reader should take from the authors' convincing picture of the policy environment which created a flourishing, innovative, modern Egyptian economy during "La Belle Époque". For the broader audience, the lesson is to watch for over-regulation, with consequent stifling of the entrepreneurial drive." - Michael Wilson, Consultant, World Bank Group, Middle East and Africa