Abstract
The waves of the Arab Spring in Tunisia, Egypt, Libya, Yemen and Syria, and any other country that may follow, is considered a unique phenomenon worth studying in view of the pre and post revolution events and effects on all sectors of the national economy, as well as their interlocking effects on the global economy. The current research aims at studying the concepts of the Arab Spring, its causes and its most important consequences, as well as the ability of the current economic theory to interpret such events. The most important results of the research lies in the need for a new theory to explain the Arab Spring revolutions, the new theory should based on showing how important was the technological revolution in the field of communications, the use of violence against the rebels, and legitimate demands of rebels in continuation and success of the revolutions of the Arab Spring.
Highlights
The revolution in Egypt—as one of the Arab Spring countries—began by a series of popular movements on Tuesday, January 25, 2011, to protest against the economic, social and political conditions, those protests continued and gained momentum and eventually led to the resignation of President Mubarak from power on February 11, 2011, when the Vice President Mr Omar Suleiman announced in a brief statement at 6 PM of Friday, February 11, 2011, that president Mubarak decided to step down from office and that the Supreme Council of the Armed Forces will assume the country’s administration
We study the Egyptian revolution as a model for the Arab Spring revolutions, The selection of Egypt came because the aspects of political life were nearly complete, there is a Consultative (Shura) Council, a stable judiciary system and a stable government, there is an elected assembly developing a new constitution in accordance with the demands of the people and revolution, as well as the presence of a President for the Republic elected by the people in free elections are characterized by a high degree of integrity and transparency
This study had tackled the concepts related to the Arab Spring and its economic causes, as well as its consequences, and the possibility to be interpreted in the light of the economic framework adopted in prevailing economic literature
Summary
The revolution in Egypt—as one of the Arab Spring countries—began by a series of popular movements on Tuesday, January 25, 2011, to protest against the economic, social and political conditions, those protests continued and gained momentum and eventually led to the resignation of President Mubarak from power on February 11, 2011, when the Vice President Mr Omar Suleiman announced in a brief statement at 6 PM of Friday, February 11, 2011, that president Mubarak decided to step down from office and that the Supreme Council of the Armed Forces will assume the country’s administration. The relinquish of power by the former Egyptian President on February 11, 2011 ended thirty years of authoritarian rule and opened the doors to a new era of desired change, freedom and democracy. The revolution that led to the end of Mubarak’s era greatly influenced the development and growth in the Egyptian economy, where the growth rate in real GDP of 5.1% in 2010 was decreased to 1.8% in 2011, it led a negative growth estimated at 4.2% during the first quarter of 2011. The Suez Canal revenues and Egyptian exports fell down due to decreased foreign demand [1]. The author sees that studying the Arab Spring from all its dimensions can improve understanding of the key dynamics of political conflicts and it can lead to a more systematic understanding of how these dynamics affect conflict resolution and post-conflict peace building. We will adopt Egypt as the case study as the state in which the Arab Spring crystallized and proved fruitful
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