'This brisk, clear, and devastating portrayal of the consequences of decades of misguided economic policy in the Arab world is a bracing, if deeply disheartening, read.' Lisa Anderson, Foreign Affairs

• 1. Introduction: Arab capitalism; 2. Historical roots; 3. Over-ambitious states; 4. A segmented labor market; 5. A segmented business sector; 6. Skills; 7. Individual country outcomes and alternative explanations; 8. Is Egypt the future?; 9. Comparative puzzles and gaps; 10. Conclusion; Bibliography.

'This brisk, clear, and devastating portrayal of the consequences of decades of misguided economic policy in the Arab world is a bracing, if deeply disheartening, read.' Lisa Anderson, Foreign Affairs

• 1. Introduction: Arab capitalism; 2. Historical roots; 3. Over-ambitious states; 4. A segmented labor market; 5. A segmented business sector; 6. Skills; 7. Individual country outcomes and alternative explanations; 8. Is Egypt the future?; 9. Comparative puzzles and gaps; 10. Conclusion; Bibliography.

'This brisk, clear, and devastating portrayal of the consequences of decades of misguided economic policy in the Arab world is a bracing, if deeply disheartening, read.' Lisa Anderson, Foreign Affairs

• 1. Introduction: Arab capitalism; 2. Historical roots; 3. Over-ambitious states; 4. A segmented labor market; 5. A segmented business sector; 6. Skills; 7. Individual country outcomes and alternative explanations; 8. Is Egypt the future?; 9. Comparative puzzles and gaps; 10. Conclusion; Bibliography.