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Sectoral Transformations in Neo-Patrimonial Rentier States : Tourism Development and State Policies in Egypt

Titelangaben

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Richter, Thomas ; Steiner, Christian:
Sectoral Transformations in Neo-Patrimonial Rentier States : Tourism Development and State Policies in Egypt.
GIGA German Institute of Global and Area Studies
Hamburg, 2007. - (GIGA Working Papers ; 61)

Volltext

Link zum Volltext (externe URL): https://www.giga-hamburg.de/de/system/files/public...

Kurzfassung/Abstract

This article challenges claims that liberalising state regulated markets in developing countries may induce lasting economic development. The analysis of the rise of tourism in Egypt during the last three decades suggests that the effects of liberalisation and structural adjustment are constrained by the neo-patrimonial character of the Egyptian political system. Since the decline of oil rent revenues during the 1980s tourism development was the optimal strategy to compensate for the resulting fiscal losses. Increasing tourism revenues have helped in coping with macroeconomic imbalances and in avoiding more costly adjustment of traditional economic sectors. Additionally, they provided the private elite with opportunities to generate large profits. Therefore, sectoral transformations due to economic liberalisation in neo-patrimonial Rentier states should be described as a process, which has led to the diversification of external rent revenues, rather than to a general downsizing of the Rentier character of the economy.

Weitere Angaben

Publikationsform:Preprint, Working paper, Diskussionspapier
Institutionen der Universität:Mathematisch-Geographische Fakultät > Geographie > Lehrstuhl für Humangeographie
Titel an der KU entstanden:Nein
Eingestellt am:08. Jun 2016 14:11
Letzte Änderung:28. Jun 2016 15:05
URL zu dieser Anzeige:http://edoc.ku-eichstaett.de/18196/