Modelling Stability after Revolutions

The most noteworthy aspect of the recent political revolutions in the Arab world is that there is nearly always a failure to suddenly superimpose a democratic style of government based on Western political constitutional foundations onto a set of domestic government institutions. Here, I argue that there is a need to consider the notion of a ‘learning equilibrium’ — to recognise that it takes time for institutions and socio-economic agents to adapt their expectations about the new state of governing such that a stable democratic political environment is generated. I conclude with a generic road-map detailing a general pathway for which this learning equilibrium can be attained.

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