Free Trade Zones in UAE and Economic Development Research Paper - 2

Free Trade Zones in UAE and Economic Development - Research Paper Example This paper focuses on two companies only i.e. Abu Dhabi Airport Free Zone and Dubai Media City Free Zone. Abu Dhabi Airport Free Zone (ADAFZ) Positive Contributions to the UAE The Abu Dhabi Airport Free Zone is a business and logistics park which is being established by the Abu Dhabi Airports Company (ADAC). The creation of ADAFZ is a milestone for Abu Dhabi to globally establish itself as a leading business centre.  Expansion of the airport will enable passenger traffic to shoot from the current 7 million to over 40 million per year. Cargo capacity will also be boosted to two million tons from the current 150,000 tons per year. (Ameifo.com, 2011). According to uaefz.com, multiple business ventures are being established ranging from logistics, aviation and aerospace, consultancy, business development, computing and information technology, electronics, express transport, medical equipment and pharmaceuticals. Various amenities have been put together under one roof and conveniently i ntegrated to provide the best services for investors (Jumeiraconsultants.com, 2011).   The free trade zone provides the locals with better goods at subsidized prices hence boosting the economy. The cheapness of goods is usually as a result of cheap production costs in addition to cheap imported labor. The UAE is freed of re-tasking its resources and instead focuses on its comparative advantages. ADAFZ and other free trade zones function as economic laboratories, which allow UAE governments, to learn what will be most beneficial to their economies over a long time (Ehow.com, 2011). Negative Contributions to the UAE Abu Dhabi Airport Free Zone may appear as an equal opportunity for everyone, but, these advantages come along with some disadvantages. The disadvantages extend for UAE is related to the technology level which means that the less industrialized emirates may suffer a disadvantage till they technologically develop. When Abu Dhabi opened its borders to the other emirates to be in the same free trade zone, it also invited fierce competition as well. This means that the whole of UAE competes with one another (Uaefz.com, 2011). The free trade area may also economically develop the area around the airport more than other regions in Abu Dhabi and UAE as a whole. This region may attract more foreign investors than other regions which may lead to economic underdevelopment of some other areas in the free trade zone. The underdevelopment may also impact the Abu Dhabi’s (Ehow.com, 2011). The issue of opening of borders brings the challenge of corporations seeking out for the lowest labor and environmental standards in order to minimize its production costs hence pressuring for low working standards. Furthermore, the transparency and absence of strict regulations of ADAFZ make it an attraction for illicit investors to launder crime proceeds and maybe finance terrorism (Fatf-gafi.org, 2011). Benefits to Investors According to Abu Dhabi (2011) an investor ha s to lease the facility in

Homeland Security Essay Example | Topics and Well Written Essays - 750 words

Homeland Security - Essay Example This essay, this reaction paper, will argue that these terms need to be defined very specifically and very deliberately; otherwise, it persists as a vague concept capable of being used as justification for nearly any action. More specifically, this paper will argue that homeland ought to be defined to include a variety of harmonious interests and that security ought to be defined as actions and policies designed to accomplish their objectives with the least amount of intrusion into the affairs of individual states and into the lives of individuals or businesses. As an initial matter, homeland should include a variety of interests; more particularly, it should refer to the nation, the states, and to individuals. There should be no ranking of these homeland types in terms of significance; that means that national interests should not be placed above state interests through this extra-constitutional concept, and that individuals should not be granted a higher status than they are already accorded under traditional notions of constitutional jurisprudence. A framework for allocating powers and rights already exists in the constitution; the mere notion of a recently defined homeland being promulgated in haphazard fashion and zealously guarded sounds forebodingly like an attempt to subvert constitutional principles through non-constitutional means. A great deal has been made about protecting critical homeland sites, such as those related to infrastructure, finance, and military readiness. The homeland also includes lesser constituent parts of the country, such as in Louisiana, which were devastated by the hurricanes recently. There ought to be a uniform approach to defining the homeland, whether is the Pentagon, the Federal Reserve Bank, Louisiana, or Mr. and Mrs. Smith's family farm. My sense, my reaction, is that the homeland portion of the concept prioritizes national aspects while minimizing or ignoring state and individual aspects. This would be a dangerous deviation from the constitutional principles upon which this country was founded; as a result, that would make Homeland Security a direct threat to the system of governance established by the American constitution. In addition, the security aspect of the concept is also vague and seemingly unlimited. Is security meant to be proactive or reactive Is it meant to stifle otherwise protected types of speech and protests in order to prevent some potential negative outcome The Central Intelligence Agency and the American military have traditionally been vested with duties dealing with international affairs. The CIA is no more allowed to spy on American soil than are American soldiers allowed to engage in domestic law enforcement activities. And, yet, as security implies both the gathering of intelligence and the mobilization of physical forces to deter any potential attack, whom else would be involved in maintaining American security if not these organizations This raises troubling issues. Does this notion of security mean