The former Egypt regime, which had been lasted for half a century, collapsed after the “Arab Springâ€. This change can be resulted from dimensional reasons: the deterioration of social contradictions, like high unemployment rate, the longâ€lasted Mubarak government, the upgrading of information dissemination, and the influence of western democratic ideology. This thesis analyzes the economic reforms launched by Nasser, Sadat and Mubarak with New Structural Economics. This Thesis holds that the reform paths from “import substitution and giving priority to the development of heavy industryâ€,“consumptionâ€led openâ€upâ€,“productionâ€led openâ€up†to “economic reform and structure adjustment plan†didn’t follow the comparative advantage of Egypt, thus making it difficult to create domestic jobs and upgrade industries, what’s more, the prices of production factors were distorted. High unemployment rate, low grain selfâ€sufficient rate and large gap between rich and poor happened then, which eventually eroded the stability of the regime. |