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Economic development Quote by Tarek Osman

“Some of the key pillars of Nasser's project proved greatly lacking. The public sector evolved into a Soviet-style system of sterile thinking, a deathbed for talent, a site of mediocre resource allocation, inefficiency, suffocating bureaucracy, waste and decrepit management; in no way could it…” quote by Tarek Osman
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““Some of the key pillars of Nasser's project proved greatly lacking. The public sector evolved into a Soviet-style system of sterile thinking, a deathbed for talent, a site of mediocre resource allocation, inefficiency, suffocating bureaucracy, waste and decrepit management; in no way could it support lasting economic development in the country. Many of Nasser's detractors argue that land reform precipitated a dramatic retreat of Egyptian agribusiness: that the replacement of sophisticated, well-capitalized large landowners by low-skilled and poor peasants resulted in lower quality products, no concern for the long-term subsistence of the land, poor marketing of strategic Egyptian crops such as cotton and a continued erosion of links to””

Tarek Osman

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