What was the content of the Open Door Policy for Egyptian people in the XXth century?

Asked on 09.01.2019 in All Questions.
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(Top Tutor) Studyfaq Tutor
The formal adoption of the Open Door Policy (infitah) was not forced upon Egypt by capitalistic investors nor by international Western Creditors. The policy was chosen in light of internal economic and external political factors, and provided relief from the countries failure to achieve a truly socialist economy’’. Sadat’s neoliberal open door policy relied on free market forces to revive and expand what was left of the private sector. As Sadat shunned Soviet support after the 1973 war, the US was on hand to aid Sadat at a time when the economy was in trouble, and in March 1975 the US congress had agreed to send 750 million dollars in aid to Egypt, 300 million of which was...
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