ABSTRACT
The October Working Paper has stipulated a new economic policy symbolized in the equation: Arab capital + Western technology + abundant Egyptian resources = development and progress. This new policy, which carried the liberalization of the economy farther than anything since the movement into etatist economics in the late 1950s, became known as al-infitah al-iqtisadi (literally, the economic opening). It proved to be one of the most hotly debated and explosive issues of the entire post-1967 period.
