G2TT
来源类型Discussion paper
规范类型论文
来源IDDP9363
DP9363 Did Muhammad Ali Foster Industrialization in Early 19th Century Egypt?
Jeffrey G. Williamson; Laura Panza
发表日期2013-02-24
出版年2013
语种英语
摘要Muhammad Ali, who ruled Egypt between 1805 and 1849, intervened in Egyptian markets in an attempt to foster industrialization, especially between 1812 and 1840. Like a modern marketing board, the state purchased agricultural commodities (cotton, wheat) at low prices and sold them on world markets at much higher prices, a policy equivalent to an export tax. Ali also replaced tax farming with his own land taxes. The revenues so derived were used in part to finance manufacturing investment and to build irrigation canals. In addition, Ali supplied flax and cotton at those cheap purchase prices to domestic textile manufacturing, thus subsidizing the industry. He also used non-tariff barriers to exclude foreign competition from domestic markets. Were Ali?s state-led policies successful in fostering industry? The answer is no easier to extract from this phase of Egyptian history than from other poor countries at that time since Egypt faced the same terms of trade boom typical of most poor commodity exporters ? Egyptian export commodity prices soared relative to manufactured imports, forces that were causing de-industrialization everywhere else in the poor periphery. Ali picked a very difficult time to pursue his agenda, but we show that his policies were successful.
主题Economic History
关键词Egypt 19th century De-industrialization Trade Industrial policy
URLhttps://cepr.org/publications/dp9363
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/538199
推荐引用方式
GB/T 7714
Jeffrey G. Williamson,Laura Panza. DP9363 Did Muhammad Ali Foster Industrialization in Early 19th Century Egypt?. 2013.
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