Global Geopolitics of the Middle East Essay Example | Topics and Well Written Essays - 500 words - 1

Global Geopolitics of the Middle East - Essay Example However, for investments to flourish continually there has to be stability, which has become threatened by the brutal regimes in existence. An economist at the International Energy Association states that an investment worth over $19 trillion in gas and oil is required from now until 2035. This is where the significance of the Middle East arises from as growth in petroleum supply is expected to come from there and North Africa. This is in spite of the fact that oil has been discovered in other countries, for example, Brazil. Therefore, for this investment to be achieved funds have to be availed and stability in the region needs to be maintained. An example of this is Iraq which is a primary oil producer in the region but has continuously suffered due to instability and targeting of its oil facilities. Another example is Syria, which even though is a small producer, has brought a standstill to foreign investments in the oil sector because of barbaric policies enacted by the government. Historically, the Middle East has been known as the cradle of civilization resulting from discoveries in science and religion and widespread trade activities. In addition, the region is highly acclimatized for its scholarly efforts though the environment has not been conducive for this to be more far-reaching. Consequently, a majority of citizens from various states within the region go to study abroad. Israel, being a democracy and the only Jewish state, has attracted reinforcement of its territories from the U.S. This is because, since the period of the Cold War, U.S has endeavored to ensure continuity of flow of oil and at an affordable price, but initially, this was possible as oil was replacing coal as a source of energy. The Middle East is accountable for an approximate of 40% of oil exports in the world this is because, globally, economic growth and progress has been greatly reliant on carbon-based forms of energy particularly crude oil. More so, there are

Privatization Essay Example | Topics and Well Written Essays - 500 words

Privatization - Essay Example Private individuals who buy these public shares will be able to participate in the decision-making process of these organizations and will be able to change their policies. On the other hand, some people argue that private sector organizations will emphasize more on their profits and not on the protection of public rights. They will keep increasing prices in order to earn greater profits. Opponents also argue that the ownership of some goods should remain in the hands of the government to ensure equality. These goods and services include healthcare and education facilities. These public goods should be facilitated by the government just as the private goods should be provided by the private sector. Through privatization, governments try to improve the performance of their duties like infrastructure etc. In the past, privatization has occurred in many different countries. In the Great Britain, privatization started with partial privatization of British Petroleum in 1979. A large numbe r of industries were privatized after this like British ports, British Telecom etc. In 1987, one of the largest airlines in Europe, British Airways was also privatized. Along with these, many other assets such as buildings, roads, and buildings were also privatized. In U.S. many services have been privatized including hospitals, parking lots, water utilities etc. One of the most significant examples of privatization was that of Chicago Skyway and Indiana Toll Road in the U.S (Government Privatization, Web).