Annotated bibliography Essay Example | Topics and Well Written Essays - 750 words - 1

Annotated bibliography - Essay Example A good example of such support is a publication called the Arab Human Development Report 2002, released by the United Nations Development Program (UNDP). This report was signed by numerous intellectuals from the Arab world, signifying that there was a deficit in women’s empowerment in the region. It painted a miserable picture of the Arab world, depicting it as a region that lagged behind the rest of the world as a result of lack of women’s education, empowerment and freedom. According to the report, the deficit in empowering women in the Arab world was to blame for the backwardness of the region (Ottaway 3). The report also notes that the economic and political capabilities of women in the Arab world are the least utilized in the whole world. This is evidenced by the low number of women parliamentarians, low number of women in cabinet, and the low number of women in the work force. The article notes that society suffers a great deal when a large section of its producti ve members are stifled and denied the opportunity to exercise their potential. These sentiments have further been echoed by President Bush and his administration officials. President Bush was quoted in May 2003 saying that, â€Å"no society can succeed and prosper while denying basic rights to the women of their country.† His secretary of state at that time, Colin Powell, echoed his comments by saying that, â€Å"until the countries of the Middle East unleash the abilities and potential of their women, they will not build a future of hope† (Ottaway 3). The article further notes that it is easy for the US to announce its goal of promoting the rights of women in the Arab world. This has not been a very easy task to accomplish. However, many Arab nations are taking small concrete steps to show their commitment to the promotion of women’s rights. Many Arab nations are accepting to empower women in small projects that do not threaten the rulers of their regimes. They are doing this to demonstrate their willingness to modernize and democratize. They seem to think that promoting the rights of women to some extent cannot be seen as a threat to the authoritarian governments that rule the region. Therefore, many governments have been seen to take small and concrete steps such as occasionally appointing a woman to a high and noticeable position, and introducing major amendments to family and divorce laws. This has made it relatively easier and cheaper for the US and other countries keen on promoting democracy to promote the rights of women in the Arab world. This has been achieved through encouraging education for girls, providing training for women seeking elective and public offices, and funding NGOs that support the empowerment of women (Ottaway 3). Unfortunately, despite all the efforts being made to promote the rights of women in the Arab world, there are many facile assumptions that have been generated by the process. The assumptions have broug ht about a lot of confusion about the real conditions of women in the Middle East, the true nature of the problems that they face, and the relationship between democracy and women’s rights. The main aim of the author of the article, Marina Ottaway, was to clarify these issues. Some of the assumptions that

Hayek's Conception of the Market Essay Example | Topics and Well Written Essays - 1000 words

Hayek's Conception of the Market - Essay Example In Hayek’s book Road to Serfdom, he articulated his rejection on the centralized planning of economies. He argued that public ownership of industries that is a characteristic of centralized economies would make the production of goods and services inefficient because of the absence of market dynamics such as competition that would â€Å"perfect† the production of goods and services that would eliminate waste. Hayek also cautioned that centralized planning of an economy is destructive to liberty because the planner would inadvertently tend to extend his or her control to other aspects in society thus becoming more comprehensive to the detriment of liberty.Keynes on the other hand favored government intervention through its fiscal and monetary policy to assuage the impact of recession and depression or financial crisis like the one the United States recently had in 2009. Keynes believe that it is not only the market that can make an economy work at a maximum efficiency bu t such can also be raised to that level by the intervention of the government. Keynes advocated collectivism through international coordination of fiscal and monetary stimulus to deflect and mitigate any downturn in economic cycle. He is also the sponsor of deficit spending to lift an economy from depression in contrast to Hayek’s proposal that it solely the market (free) that can achieve utmost efficiency in an economy. The classic example of this is Obama’s stimulus spending to bail the US economy out of the financial crisis.... nt because of the absence of market dynamics such as competition that would â€Å"perfect† the production of goods and services that would eliminate waste. Hayek also cautioned that centralized planning of an economy is destructive to liberty because the planner would inadvertently tend to extend his or her control to other aspects in society thus becoming more comprehensive to the detriment of liberty (Hayek 1944). Keynes on the other hand favored government intervention through its fiscal and monetary policy to assuage the impact of recession and depression or financial crisis like the one the United States recently had in 2009. Keynes believe that it is not only the market that can make an economy work at a maximum efficiency but such can also be raised to that level by the intervention of the government. In contrast to Hayek, Keynes advocated collectivism through international coordination of fiscal and monetary stimulus to deflect and mitigate any downturn in economic cyc le. He is also the sponsor of deficit spending to lift an economy from depression in contrast to Hayek’s proposal that it solely the market (free) that can achieve utmost efficiency in an economy. The classic example of this is Obama’s stimulus spending to bail the US economy out of the financial crisis (Censky and Riley 2011). Unlike Hayek who asserted that the market dynamics or its â€Å"invisible hand† will make the necessary corrections in the market to make it more efficient, Keynes believed otherwise. Keynes articulated his disagreement with Hayek in his book The General Theory of Employment, Interest and Money that market dynamics do not always correct itself. Hayek posited that market oriented economies are not always good in achieving efficiency that would lead to full employment