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Month: March 2021

13 Mar 2021

Women and the Knowledge Economy

Not only on International Women’s Day must we talk about women and the knowledge economy, and the fact that this context must be present all the time.

The government’s policy of promoting women’s participation in the national economy is a key factor in the development of the economy.
The knowledge economy is the effective mechanism that can be used to mobilize efforts, exchange information and empower women, but the capacity of the knowledge economy for social, political and economic rehabilitation will be achieved only when all parties concerned adequately address the dimensions of gender in regulatory frameworks and applications, which, as an inevitable result, will enhance women’s competitiveness, if the knowledge economy is more effectively and systematically employed by exploiting lost capacities and skills, and taking advantage of its economic contribution, which is still low (in Arab terms, and conditions) compared with the total population.

The relationship between the knowledge economy and education is vital, as it assumes that education will increase the spread of learning, thereby developing employment opportunities and mechanisms for both men and women. In addition, the development of the infrastructure and the continuation of innovation, creativity and transparency processes that lead to the proliferation of many opportunities for distance learning and training, as well as maintaining not only women, but also, all members of society, must be strengthened to further develop their knowledge and capacities.
We should be aware of the need to activate the knowledge economy methodology to function effectively and enhance women’s capacities, encouraging political parties and governments to better explain in their programmes how they intend to use the knowledge economy to respond equitably to the basic needs of women and
men. It also encourages the media to sponsor innovation programs, through video reports on the possibility of scientists serving the interests of society and meeting people’s basic needs, and on the effects of science on their lives, particularly the different effects of science and technology on men and women.

In the last part of this article, it should be noted that women benefit from a climate of innovation and creativity much less than men, and this is evident in the low level of women’s use of research and development, low participation in both technology production and policy formulation. This is due to several factors, most notably structural inequality, resource constraints and gender, including income, time, bias in education and various cultural elements. Family responsibilities and limited income for women also leave insufficient space and resources to access information outside their homes. In general, women and girls receive less education and training, especially in developing countries, and can therefore lack language and other skills to participate. And to talk the rest.

Author : Manahel Thabet
Published March 12, 2021
Al Bayan Newspaper

05 Mar 2021
Manahel Thabet

Digital Dollars

Was the normal economic situation good enough to talk about concerning the need to return to it, or did we have a real chance to change to a better situation, where we stand together to achieve a better situation than before?

In the art of thinking and in the business world, there is a concept which refers to a problem in its context as “opportunity”, where the problem is an opportunity to see different schools that are obscured by the illusion of sufficiency, when in the context of the “normal” situation, and to the extent that the world faced this in all sectors, from the collapse of the economy in 2008, as much as it was able to look at other angles that were in the context of the normal situation unforeseen, the problem was an opportunity. Yet, the opportunity that formed the features of the fetus in the womb, that fetus was only part of the system, for that which the world is experiencing today is the “knowledge system”.

While the two-chamber system is the finest of humanity, in the context of governance systems, the knowledge system is the finest that the world has reached in the context of totalitarian regimes, and technology is the best manifestation of the advancement of the human mind throughout its history.

Given the repercussions of the 2008 global economic crisis, and the reasons for its emergence, we find that the black economy and financial corruption have been the most important of these reasons, and those causes have brought digital currencies to the surface, before which they were merely talked about, edited by those interested, and with a written perception on paper.

Digital currencies have since emerged as the most effective remedy that could solve the repercussions of the global economic meltdown. The crimes of currency counterfeiting, the problem of centralization, the intermediary, or third party, in the world of banking transactions in all their forms, and the money laundering offences through which they are often carried out, in addition to many manifestations of the black economy, which led to the collapse of the world economy and the total paralysis of its movement, as a result of which the awareness obtained was one of its most important tools, and one of those most important tools was consistent with the demands of technology. Its style is a tool that has been relied upon as an economic manifestation that saves itself from the scourge of the black economy and mitigates its problems to the greatest extent.

In the same vein, the U.S. government announced a few days ago its digital currency Digital Dollar (Vidbitcoin) to be a store of value in both U.S. and global financial transactions, and to replace the traditional banknote – though at least, if not for the time being, it will undoubtedly be in the future, with a complete body and character.

Countries other than the United States of America had previously announced their alternative digital currency, rather than the traditional paper currency – the first in the Middle East and the Arab region, the United Arab Emirates, which launched its project in this context with the represented national digital currency, as well as its digital currency “M Coin”, supported by gold; then, in addition, there are banks within the borders of the State in partnership with banks in Saudi Arabia, banks which have developed digital currency projects to facilitate transactions among them, and have succeeded in this and succeeded in doing so – among them is the “Transient” digital project – and most importantly, the UAE is the global capital and the first market for digital currencies, where sales reached more than $300 million, surpassing the United States of America, which had been at the forefront of the market for a long time, and represented more than a quarter of the total money spent on cryptocurrency offerings until 2020.

Finally, it can be said that, to the extent that the global economic crisis has had repercussions, the more likely it is that this problem will become an opportunity to achieve more meaningful situations than the “normal situation”, which the world had before; similarly, the world must deal with the repercussions of today’s Corona pandemic and seize this real opportunity for change towards better alternatives, provided by this serious problem, and to modernize the mechanisms of dealings and instruments in all areas, including the financial currency sector. And to talk the rest.

Author : Manahel Thabet
Published March 05, 2021
Al Bayan Newspaper