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http://hdl.handle.net/10419/54154
  

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dc.contributor.authorNyarko, Yawen_US
dc.date.accessioned2010-10-11en_US
dc.date.accessioned2011-12-15T13:19:45Z-
dc.date.available2011-12-15T13:19:45Z-
dc.date.issued2010en_US
dc.identifier.isbn978-92-9230-246-7en_US
dc.identifier.urihttp://hdl.handle.net/10419/54154-
dc.description.abstractOil was discovered in the United Arab Emirates (UAE) just 50 years ago. During that time, UAE has been able to transform itself into a rapidly modernizing country, which is fast becoming a major economic hub and a key player on the international economic landscape. This paper discusses a number of aspects of the development strategy of the UAE that contributed to its phenomenal development: (i) the political system, which has resulted in a perception of stability and minimal political risk, encouraging investment; (ii) oil; (iii) development strategies that have resulted in a very dynamic business environment; (iv) open importation of foreign skills and management; (v) labour policies that have enabled the immigration of vast numbers of foreign lower-skilled workers. There are, of course, also concerns for the future, and indeed each of the five positive attributes listed above has a flip side which is a potential major challenge for the future.en_US
dc.language.isoengen_US
dc.publisherWIDER Helsinkien_US
dc.relation.ispartofseriesWorking paper // World Institute for Development Economics Research 2010,11en_US
dc.subject.jelO53en_US
dc.subject.ddc330en_US
dc.subject.keywordrole modelsen_US
dc.subject.keywordUnited Arab Emiratesen_US
dc.subject.keywordsuccessen_US
dc.subject.stwErdölförderungen_US
dc.subject.stwSozialer Wandelen_US
dc.subject.stwEntwicklungen_US
dc.subject.stwWirtschaftspolitiken_US
dc.subject.stwWirtschaftspolitisches Zielen_US
dc.subject.stwSaudi-Arabienen_US
dc.titleThe United Arab Emirates: Some lessons in economic developmenten_US
dc.typeWorking Paperen_US
dc.identifier.ppn636479374en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:WIDER Working Papers, United Nations University (UNU)

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