Foresight in the Egyptian route towards democracy and good governance after the January 25th revolution

Economists, sociologists, and politicians thought that the era of "the dark ages" and political theology that declined in popularity in the West since the 16th century would not be repeated. They thought that the amount of corruption, and deterioration of economic and social conditions that occurred in that era, taught everyone not to link political questions with values ones. In the light of Arab spring revolution; as they try to shift from an authoritarian to democratic regimes, Egypt today has proven them completely wrong. The paper's target is to answer the following questions; will revolution carry a redistributive political action and fulfil people's objectives or will it end with depressing effects on growth which hinder the country's development process? Why are some countries able to formulate democratic regime, and achieve economic development and growth while others' attempts have been futile? What are vital political settings for these calls to attain a progressive development and growth path? The paper will explore the lessons that can be adopted from South Korea's move to democracy in the late 1970s and try to implement these lessons in the countries that search for democratic processes. Finally the paper concludes with analysis that having a democratic system does not always grantee a boost to economic growth, but good governance does.