Zusammenfassung der Ressource
Egypt
- Occupation
- Ottoman empire in
decline
- GB don't want other
countries to get it
- fear threatening their interests
- Suez canal
- Large GB investement
- GB banks
loaned Egypt
Enormous
loans
- 1000 miles railway built
- Schools
- 1863-1879 debt 3M - 100M
- Interest rate 7%-20%
- Building finished 1869
- Economic advice
- Requested by Ismali
- Of GB + Fr
- Cave report
- Two problems
- Ignorance, dishonesty of East
- Poor economic managment
- Resources sufficient if managed
properly
- 1878 Anglo-French rescue plan
- GB+Fr government officials control economy
- Fr government
- GB Economy
- Dual control 1878-1882
- Tax on food + goods
- foreign loans interest rate to 5%
- Restored financial stability
- But increased unemployment
- Nationalist uprising
- 1882 under Arabi Pasha
- Wanted an end to Anglo french control
- Law + order had collapsed
- 11th June riot in Alexandria
- 50 Europeans died
- GB government order formal control
- Royal Navy + Army bombard Egypt
- 1882 rebellion crushed
- GB take full control
- France annoyed
- Take troops out of Sudan 1884