Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/54154 
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dc.contributor.authorNyarko, Yawen
dc.date.accessioned2010-10-11-
dc.date.accessioned2011-12-15T13:19:45Z-
dc.date.available2011-12-15T13:19:45Z-
dc.date.issued2010-
dc.identifier.isbn978-92-9230-246-7en
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
dc.language.isoengen
dc.publisher|aThe United Nations University World Institute for Development Economics Research (UNU-WIDER) |cHelsinkien
dc.relation.ispartofseries|aWIDER Working Paper |x2010/11en
dc.subject.jelO53en
dc.subject.ddc330en
dc.subject.keywordrole modelsen
dc.subject.keywordUnited Arab Emiratesen
dc.subject.keywordsuccessen
dc.subject.stwErdölförderungen
dc.subject.stwSozialer Wandelen
dc.subject.stwEntwicklungen
dc.subject.stwWirtschaftspolitiken
dc.subject.stwWirtschaftspolitisches Zielen
dc.subject.stwSaudi-Arabienen
dc.titleThe United Arab Emirates: Some lessons in economic development-
dc.typeWorking Paperen
dc.identifier.ppn636479374en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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