U.S. Aid to Egypt: An Illustration and Account of U.S. Foreign Assistance Policy

Abstract

Over the past decade Egypt has been the recipient of one of the largest portions of U.S. foreign aid, second only to Israel. During this period U.S. grants and loans to Egypt reached $15 billion ('Abdu 1984, 49). In addition to the United States' leading contribution of over half of an annual average of $2 billion in foreign economic assistance, West Germany, Japan, and the World Bank have been major contributors. In questioning the logic of such massive economic aid, we find in Egypt an excellent example of the development of the appropriate conditions to prompt the generosity and good will of Western governments, their Japanese friends, and Western-dominated financial institutions. While extended discussion of this

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