The changing role of the public sector in Egypt’s economy The socialist policies
adopted by Nasser (1954–71) led to an enormous inflation of in the public
sector and to a drastic diminution of the private one. Today, the public sector
is still over-dimensioned, despite Sadat’s and Mubarak’s efforts to effect a
transformation in the economy, which started in 1971. In 1989/90, parastatal
firms working in the areas of manufacturing and trade still accounted for
adopted by Nasser (1954–71) led to an enormous inflation of in the public
sector and to a drastic diminution of the private one. Today, the public sector
is still over-dimensioned, despite Sadat’s and Mubarak’s efforts to effect a
transformation in the economy, which started in 1971. In 1989/90, parastatal
firms working in the areas of manufacturing and trade still accounted for
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