Essays

Egypt and Post Affluent America

Mitchell, Lincoln A.

It is only a few days after the resignation of former Egyptian President Hosni Mubarak and demonstrations have already spread to much of the Middle East with several governments including those in Libya and Bahrain appearing to be on the verge of collapsing. It is possible that the regimes in Libya and Bahrain will right themselves and find a way to stay in power, but it seems more likely that at least one of these countries, and perhaps others in the region, will, like Egypt and Tunisia, see a resignation or abdication soon.

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Harriman Institute
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October 28, 2011