The Political Economy of Interwar Egyptian Cotton Policy

摘要: Abstract The optimal tariff was a central concern to economists and policymakers in interwar Egypt. government took the position that Egypt conformed small-country assumption world cotton markets. Using time-series panel data for period 1895–1939, this article demonstrates Egyptian long-staple commanded significant market power international An export would have encouraged economic diversification generated huge revenues, making it possible finance industrialization plans. However, burden of taxation been shared by landlords British interests. Thus, an incompatible with goals Egypt's ruling elite, who dictated orientation trade policy until 1950s.