Dubai's Political and Economic Development: Essay

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2. The 4th tallest hotel in the world, it stands 321 meters high and is located on a separate artificial island. Built like a sail

Sanibel is the most popular of the islands, and it features 15 miles of white sand beach, 22 miles of bike paths, the J. N. “Ding” Darling National Wildlife Refuge, which shelters several species of exotic plants and animals, and the largest undeveloped mangrove ecosystem in the U.S. Captiva Island is reachable via a bridge, and offers the opportunity to explore the great outdoors.

     It is a tragedy of global proportions that the world’s Arab peoples, practically without exception, live under dictatorships which have systematically impoverished their sociopolitical, cultural and economic development. A report by 30 Arab researchers on behalf of the UN Development Fund in 2002 looked at 22 Arab countries with over 280 million citizens. It found that more than 50% of Arab women are illiterate; spending on scientific research was a pitiful 0.4% of GDP; 0.5% of Arabs had access to the internet; there are more books translated into Spanish each year than into Arabic in the last ten centuries; economic growth over the past decade averaged just 0.5% per annum due to lack of investment. The

Colloquially known as “Palmy”, Palm Beach is a Northern Beaches suburb that has direct access

For example the emirate Ajman that has a shipbuilding company, a ship repair place, and a cement company. There is also a emirate named Umm al-Qaiwain that has a fish hatchery, a cement plant, and a handicraft business(Gall 897). These two emirates cannot function by themselves because they don't get enough money, but thanks to help from Dubai these emirates get federal aid that allow them to work and function. So without Dubai making so much money from oil, a bunch of these smaller poorer emirates would not be able to function as well as they do

Dubai with all it's wealth is not wealthy because of their technological knowledge and inventions causing their advancements wealth wise, but only because other races of people from outside their country came in discovered their oil, established oil drilling and oil refineries that later the leaders of Dubai nationalized and took over the oil operation from the outsiders keeping the preponderance of the profits from the sale of oil for themselves and their people. If it wasn't for the oil they would be just another group of poor none white people.

The UAE is one of the riches nations in the world as measure by per capita GNP. The economy is primarily based on the oil

United Arab Emirates continues to develop its interest with missile defense while oil has been the focal point in UAE’s economy and continues to contribute tremendously to economic prosperity. A determined and far-seeing policy of economic diversification has fortified the result of non-oil sectors now account or 69 per cent of funds contributing to the economy with oil supplying the remaining third (“UAEinteract,” 2016). Trade has also played a significant role in the economic life for many centuries. Economic growth has steadily gone up due to a short-lived

The economy in the United Arab Emirates has experienced substantial increases in the last 40 years. The UAE’s capabilities with the pearling and oil industries have given the region its necessary budgets to expand so rapidly. The economic policies in the UAE have gone through stages, since the birth of the region in 1971. Changes in economic welfare of the markets, and privatization policies are also key aspects in understanding the UAE’s economic liberalization and growth. In order to understand the UAE’s economic standard, economic liberalization must be analyzed. The argument of this paper will discuss how economic liberalization has occurred in the United Arab Emirates and is continuing to grow.

One to take away from UAE’s strategy that Saudi Arabia needs to start implementing now is “social engineering is better at changing civic attitudes than economics one” (Jones). The changes that were made allowed for the UAE to have “successful efforts at economic diversification” (Indexmudi.com).

The UAE 's economy is the most diversified in the Gulf and the wider region. There’s no income tax. The gross domestic product is 67,616 dollars US per capita. The country oil and gas reserves are among the richest in the world. Successful efforts at economic diversification have reduced the portion of GDP based on oil and gas output to twenty five percent with a plan to push it to zero within next fifty years (Renewable Energy Prospects: United Arab Emirates p. 30). Low prices of oil have prompted the UAE to take steps to reduce its spending on country wide social programs, including eliminating fuel subsidies in August 2015. The IMF recently praised the vision and fiscal policies adopted by the country that

Paris: 3Reem Al Hashemi, Minister of State and Managing Director of the Higher Committee for Hosting the World Expo 2020, spoke to delegates of the Bureau International des Expositions (BIE) at the final presentations to hold the World Expo in 2020.She pledged to the audience the UAE's "assets, skills, and expertise to give Expo 2020 the weight and recognition it deserves." (Chatterjee, 2013)

With all this exponential development comes the funds required to subsidize it. UAE possesses approximately 10% of the world’s petroleum and natural gas reserves. Which makes trading with UAE a necessity since the world uses around 85 million barrels of oil each day. Dubai utilizes an international airport for exporting but additionally uses the ports in the Persian Gulf. This is a potential hazard because hostilities within the gulf could eradicate the commerce exchange routes. Even with perilousness,

Our version of Dubai has incorporated more mixed use, with a multiple amount of mixed use buildings. With the idea of seven story mall. The first four levels are for