The Egyptian economic reforms Washington invested in for decades are at risk of unraveling due to the lack of serious political reforms.
The unrest spreading throughout the Arab world will have significant economic implications for the region.
Regional Islamist movements are struck by suddenly open avenues for political activity following the unrest in Egypt and Tunisia, but they have yet to decide how to respond to these new opportunities.
Demand for change in the Middle East and North Africa has been building for years, as youth unemployment plagued countries across the region and citizens felt their governments were not being held accountable for growing socio-economic problems.
As Egypt begins its efforts to create a more democratic and inclusive government, Iran seems to be moving in the opposite direct.
In both Egypt and Iran, youth are at the forefront of the struggle for change as both governments must struggle to generate jobs for their growing populations and diminish the growing gap between the rich and the poor.
While it is still unclear whether the Egyptian revolution will result in real transition to democracy, since much of the old regime remains in positions of power, there are reasons to be optimistic.
As protests continue to grow in the Middle East, Yemen, Jordan, Syria, and Bahrain are now threatened by the wave of discontent.
Egyptian President Hosni Mubarak has stepped down, handing authority to the Supreme Council of the Armed Forces. What can be expected from the country’s new military rulers and what does this signal for the rest of the Arab world?
While Egypt has a strong set of constitutional institutions and there is a remarkable degree of consensus on what kind of constitution Egypt needs, serious obstacles remain to the formation of a new constitution for the nation.