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Economic Research

Coming Soon: An Egypt That Can Say 'No'

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12:40:00 PM | Last Updated

EXECUTIVE SUMMARY

The resignation of Egyptian President Hosni Mubarak will resonate across the Middle East but also in the capital of his most stalwart ally, the U.S., where policy makers are now reassessing the “certainty” that Egypt will continue to act as a “moderating force” in the Middle East. The implications will be many and the upside and downside risks potentially radical.

With many details still unknown, Mubarak and his regime have gone down the road RGE named as its primary scenario last week: gradual handover to an interim military government. Mubarak refused to step[...]

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