CNBC | August 1, 2011
Parag Khanna discusses the prospects for continued uprising in Syria during Ramadan and the current reform process in Egypt. There is not likely to be a Western military intervention in Syria. The unfolding "Arab Spring" will take years to play out, with differential trajectories among resource-rich monarchies, resource-poor monarchies, resource-rich non-monarchies, and resource-poor non-monarchies. The prospects for long-term growth are good in the Arab world if more accountable governments come into power and investors focus on infrastructure and job creation. This is a moment of "healthy chaos."