Monday, March 14, 2011

the right to economic development in the arab world

RWER | At this juncture in Arab history, there is an opportunity to be grasped. Unless there is a successful transition from the political to the social revolution in the Arab world, the sacrifice made by the Arab working classes will be betrayed. The following is a proposal to expose some of the previous aspects of development and economic performance in the Arab world with the aim to infuse the development debate with the idea of development as a human right. It need not be said, the present struggle is a struggle for rights. The idea of rights empowers people; it gives them a sense of self-affirmation. The language of rights establishes a framework for the allocation of resources. Without the rights rhetoric we will end up with a totally uncaring market system that will not solve our problems.

In the Arab world, economic policies are concentrated in the competence of the state. It is the efficiency and practicality of public policies that should be accountable and come under independent public scrutiny. The role of economic policy and, more specifically, fiscal and monetary policy is to find the appropriate regime that mediates disparate developments and puts interest back in the national and regional economies. Under the right to development rubric, economic growth should meet basic needs and not be a trickle down arrangement. Also, the Arab world is a world that is so interlocked with the global economy, such that, it would not be possible to lock in resources for development without international cooperation. The international community, comprising countries and institutions at the international level, has the responsibility to create a global environment conducive for development.

By virtue of their acceptance and commitment to the legal instruments, the members of the international community have the obligation to support effectively the efforts of Arab States that set for themselves the goal of realizing human rights, including the right to development, through trade, investment, financial assistance and technology transfer. Without this rudimentary cornerstone of an economic strategy designed to reduce poverty and unemployment, it is unlikely that any economic program of action can meet the basics of human rights, compensate working people for their suffering under the combined assault of neoliberalism and Arab autocracy and, generally, to secure the right to development.

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