Infitah

E169158

Infitah was an economic liberalization policy in Egypt during the 1970s that opened the country’s economy to foreign investment and private enterprise after years of state-led socialism.

All labels observed (2)

Label Occurrences
Infitah canonical 2
al-Infitah 1

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf economic liberalization program
economic policy
policy of Egypt
aimedAt attracting foreign investment
economic liberalization
expanding private sector
reducing role of the state in the economy
announcedBy Anwar Sadat
appliesToPeriod 1970s
associatedWith growing income inequality in Egypt
rise of a new business elite in Egypt
shift from import substitution to more open trade
urban consumerism in Egypt
context Egypt’s shift toward the United States and Western allies
post-1973 October War economic situation
country Egypt
criticizedBy Nasserist politicians
leftist parties in Egypt
trade unions in Egypt
criticizedFor benefiting a narrow elite
exacerbating social inequality
limited job creation
encouraged foreign direct investment
joint ventures with foreign companies
private enterprise
follows state-led industrialization in Egypt
hasAlternativeName NATO’s Open Door policy
surface form: Open Door Policy

Infitah
surface form: al-Infitah
hasConsequence changes in Egypt’s class structure
greater integration of Egypt into global economy
hasLanguage Arabic
implementedIn Egypt
influenced later privatization waves in Egypt
legalBasis Law 32 of 1977
Law No. 43 of 1974
surface form: Law 43 of 1974

October Paper of 1974
mainProponent Anwar Sadat
maintained significant public sector presence
policyArea fiscal policy
investment policy
macroeconomic policy
privatization
trade liberalization
precededBy Arab socialist economic model in Egypt
Nasserist state-led socialism
reduced state dominance in key sectors
relatedTo structural adjustment policies in the 1980s in Egypt
restricted some state controls on prices and trade
startTime 1974

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Infitah hasAlternativeName Infitah
this entity surface form: al-Infitah