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 (3)

Label Occurrences
Infitah canonical 4
Infitah policy 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 Open Door Policy ⓘ
al-Infitah ⓘ
linked to: 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 43 of 1974 ⓘ
linked to: Law No. 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 (7)

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

Infitah → hasAlternativeName → al-Infitah ⓘ
linked to: Infitah
Sadat era → economicPolicy → Infitah ⓘ
October Paper of 1974 → mainSubject → Infitah policy ⓘ
linked to: Infitah
October Paper of 1974 → influenced → Infitah policy ⓘ
linked to: Infitah