Economic Aid and American Policy toward Egypt, 1955-1981

by William J. Burns

Gamal Abdel Nasser's 1955 decision to barter Egyptian cotton for Soviet bloc weaponry thrust Egypt onto center stage in the Cold War in the Middle East. What Egypt needed most, and what the United States was uniquely equipped to provide, was economic aid. For the Egyptian government--eager to take rapid strides toward economic development but crippled by a burgeoning population, a paucity of arable land, and a meager reserve of foreign exchange--American economic aid promised to serve as an enormously important crutch. For American policymakers, economic assistance appeared to be an ideal means of developing American influence in Egypt.

Few aid relationships in the last three decades can match the drama and significance of the U.S.-Egyptian experience. This study shows how the American government attempted to use its economic aid program to induce or coerce Egypt to support U.S. interests in the Middle East in the quarter century following the 1955 Czech-Egyptian arms agreement. William J. Burns has analyzed recently released government documents and interviews with former policymakers to throw light on the use of aid as a tool of American policy toward the Nasser regime. He also offers valuable observations on the role of the American economic assistance program in the Sadat era.

Genres: Nonfiction

285 pages, Hardcover

First published June 1, 1985

About the author

William J. Burns is president of the Carnegie Endowment for International Peace, the oldest international affairs think tank in the United States. He retired from the U.S. Foreign Service in 2014 after a thirty-three-year diplomatic career. He holds the highest rank in the Foreign Service, career ambassador, and is only the second serving career diplomat in history to become deputy secretary of state. Prior to his tenure as deputy secretary, Ambassador Burns served from 2008 to 2011 as under secretary for political affairs. He was ambassador to Russia from 2005 to 2008, assistant secretary of state for Near Eastern affairs from 2001 to 2005, and ambassador to Jordan from 1998 to 2001. Ambassador Burns earned a bachelor’s in history from La Salle University and master’s and doctoral degrees in international relations from Oxford University, where he studied as a Marshall Scholar. He and his wife, Lisa, have two daughters.