Cotton production in Egypt was insignificant before the 1800s, but production increased drastically in the years preceding the beginning of the 20th century. The increase was influenced by historical events such as the American Civil War, which disrupted the supply of cotton from the United States. The Egyptian cotton market declined in the 20th century, but is again on the rise as of 2023.
For Egypt, the 19th century brought drastic and sudden changes to the economy. The groundwork for this explosion of production had been in place for decades. Earlier, cotton production for export was present, but represented an insignificant portion of revenue for the country. [1] By the 20th century, this was completely reversed. This drastic economical change was afforded with the help of continual investment into the actual production and processing of cotton, which enabled several infrastructure improvements. Several social movements occurred simultaneously, influenced by the continuous changing of the economic landscape. [2]
Muhammad Ali of Egypt saw an opportunity in long-staple cotton and acted to promote its cultivation. He instituted Egypt’s tenured land system to promote production, and his foreign relations enabled the export of cotton, thus giving rise to export-oriented industrialization. [3] He converted peasants into factory workers, using the corvee system. [2] This feudal-like system began to face national pushback in the 1880s; a process heavily influenced by the British. [4]
One factor that led the cotton industry to success was continuous dedication to its funding. Change is not the first example of federal investment in cotton. Previously, the Egyptian government had funded research in cotton production. The research resulted in an improved cotton plant that was nearly unrivaled. [1]
Several infrastructure projects were taken on by the government throughout the entirety of the 1800s. These projects focused on both production and processing of cotton. Production and agricultural improvements included canal and dam construction. The canals, as well as several newly built railways, enabled greater national travel. [5] Other projects included the development of several ports and communication improvements. [6] The new infrastructure played a key role in the “boom” of the Egyptian cotton industry. [7]
The American Civil war began in 1861. [8] The Egyptian cotton market boomed to fill the sudden cotton demand from the Cotton Supply Association and its many member British factories and investors. Prior to the American Civil War, American cotton made up the overwhelming majority of cotton imported into Britain. Cotton was also imported from India, but Indian cotton was of inferior quality when compared with American cotton. [9] Demand for cotton increased steadily during the latter half of the century propelled by the ongoing “Cotton Famine.” Egypt took advantage of this. [10] During the three-year period between 1861 and 1864, Egypt ceased nearly all agricultural activity unrelated to cotton. [11]
The decline of Egypt’s Cotton Market and foreign trade created an economic crisis brought by a drop in demand. [12] Some of the contributing factors included increased competition, production issues and national debt. More foreign competition in the cotton industry plateaued international cotton prices, leaving the Egyptian market with little room to grow. [13] Egypt’s agricultural production had swelled at an incredible rate and kept up with itself until the early 1900s. In the early 1900s, environmental and human factors both lowered production rates. [14] After the prior “boom” of the cotton industry, the population began to increase quickly and consistently. The economy did not follow suit. [15] Earlier expansions done to increase cotton production were costly, and the accumulated cost of these projects created high amounts of national debt. In 1914, Egypt’s debt added up to over one hundred million pounds. [16]
The United States Department of Agriculture notes that cotton production is on the rise in Egypt, with 2023 production estimates to be at 320,000 bales. [17]
The economic history of the Ottoman Empire covers the period 1299–1923. Trade, agriculture, transportation, and religion make up the Ottoman Empire's economy.
Charles Issawi was an Egyptian-born economist and historian of the Middle East at Columbia University and Princeton University in the United States. Roger Owen, the A. J. Meyer Professor of Middle East History at Harvard, stated that Issawi, "was the father of the study of the modern economic history of the Middle East."
The Great Divergence or European miracle is the socioeconomic shift in which the Western world overcame pre-modern growth constraints and emerged during the 19th century as the most powerful and wealthy world civilizations, eclipsing previously dominant or comparable civilizations from the Middle East and Asia such as Qing China, Mughal India, the Ottoman Empire, Safavid Iran, and Tokugawa Japan, among others.
George Woodman Hilton was a United States historian and economist, who specialized in social history, transportation economics, regulation by commission, the history of economic thought and labor history.
Simon Nelson Patten was an American economist and the chair of the Wharton School of Business at the University of Pennsylvania. Patten was one of the first economists to posit a shift from an 'economics of scarcity' to an 'economics of abundance'; that is, he believed that soon there would be enough wealth to satisfy people's basic needs and that the economy would shift from an emphasis on production to consumption.
Gloria Lund Main is an American economic historian who is a professor emeritus of history at University of Colorado Boulder. She authored two books about the Thirteen Colonies.
Edward E. Baptist is an American academic and writer. He is a professor of history at Cornell University, located in Ithaca, New York, where he specializes in the history of the 19th-century United States, particularly the South. Thematically, he has been interested in the history of capitalism and has also been interested in digital humanities methodologies. He is the author of numerous books.
Kronstadt, 1921, is a history book by Paul Avrich about the 1921 Kronstadt rebellion against the Bolsheviks.
London Chartism, 1838–1848 is a 1982 book-length history of the 19th century Chartism social movement in London, as written by David Goodway and published by Cambridge University Press.
The Origins of American Social Science is a 1991 book by Dorothy Ross on the early history of social science in the United States.
The Antebellum Puzzle refers to the finding, first reported in 1979, that the height of the male U.S. population, although the tallest in the world, declined during the decades preceding the Civil War. The finding was corroborated on the basis of the height of West Point cadets in 1987. The reason was that the nutritional intake of the U.S. population declined at the onset of modern economic growth because productivity in agriculture foodstuffs lagged far behind the productivity in industry bringing about an absolute and relative increase in the price of food, while at the same time an increase in overall agricultural production took place because of the great increases of non-food production.
The Toadstool Millionaires: A Social History of Patent Medicines in America before Federal Regulation is a book about patent medicines by social historian James Harvey Young.
Elizabeth Ann Regosin is an American historian who is the Charles A. Dana Professor of History at St. Lawrence University. She researches African-American history with a focus on emancipation and the Reconstruction era. Regosin has written two books on the topic, Freedom's Promise (2002) and Voices of Emancipation (2008).
We Shall Be All: A History of the Industrial Workers of the World is a 1969 history book about the Industrial Workers of the World by Melvyn Dubofsky.
The Second International, 1889–1914 is a 1956 history book about the Second International written by historian James Joll.
Rebel in Paradise: A Biography of Emma Goldman is a 1961 biography of Emma Goldman by historian Richard Drinnon.
Edgar Corrie (1748–1819) was a Scottish merchant in Liverpool, a close associate at the end of the 18th century of John Gladstone.
Reginald Herbold Green was an American development economist who focused on African economic issues. His research focus included studying the economies of eastern and southern Africa, South African Development Community (SADC), international organizations and aid disbursement, and the Economic Commission on Africa, specializing in poverty alleviation, development enablement, and economic liberalization.
A History of Socialist Thought is five-book series by G. D. H. Cole published between 1953 and 1960.
The economy of the Ethiopian Empire was dominated by the barter system, traditionally composed of Arab and Ethiopian Muslim caravans, and a strong trade culture nourished business within the feudal system. In medieval times, neighboring state Emirate of Harar became the center of commerce while imports and exports passed through the port of Zeila, operated by Muslim merchants, delivering commodities to the Abyssinians through Aliyu Amba a town in Ifat, which connected the Shewa.