Egyptian Military & Destruction of Economy – 5

Source: Egyptian Institute for Studies

Author(s): Abdelhafez Alsawy

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XXI- Petroleum Imbalance and Economy of the Rentier State in Egypt

Although Egypt has been included among the Petroleum Exporting Companies, since the second half of the seventies of the twentieth century, yet it did not enjoy membership of the Organization of Petroleum Exporting Companies (OPEC), due to its small export share and that it does not possess large amounts in terms of production or export.

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