What Type Of Economic System Does Dubai Have? (Question)

The International Herald Tribune has described it as “centrally-planned free-market capitalism.” Oil production, which once accounted for 50 percent of Dubai’s gross domestic product, contributes less than 1 percent to GDP today.

  • The UAE is a mixed free-market economy based on oil and natural gas production, and these industries combined take up more than a quarter of UAE gross domestic product (GDP).

What economic system does Dubai have?

United Arab Emirates has an open market economy in which the prices of goods and services are determined by a free price system. United Arab Emirates is a member of the League of Arab States (Arab League) and the Gulf Cooperation Council (GCC).

Is Dubai a mixed economy?

The UAE is a mixed free-market economy based on oil and natural gas production, and these industries combined take up more than a quarter of UAE gross domestic product (GDP). Industrial growth has been assisted by free trade zones, including Jebel Ali in Dubai, which have been magnets for international firms.

Is Dubai capitalist or socialist?

A distinguishing feature of state capitalism in Dubai revolves around the fact that government related entities (GREs) do not exist on the margins of the economy, nor are they scattered within a predominantly private capitalist system.

Is Dubai a cash economy?

Dubai, UAE – MasterCard today unveiled a new global report “The Cashless Journey” that ranks the UAE economy amongst those most rapidly moving away from being a predominantly cash based society.

What is UAE economy based on?

The UAE economy is heavily reliant on revenues from petroleum and natural gas, especially in Abu Dhabi. In 2009, more than 85% of the UAE’s economy was based on the oil exports.

How is UAE economy now?

UAE non-oil private economy continues solid growth in November: PMI. The seasonally adjusted IHS Markit UAE Purchasing Managers’ Index (PMI), inched up to 55.9 in November from 55.7 in October, which was its highest since June 2019 – boosted by Dubai hosting the Expo world fair.

What economic activities were developed in Dubai?

Dubai’s economy was built on oil – now its skyscrapers are a global hub for banking, tourism and trade | World Economic Forum.

Why Dubai is best for business?

Strategic location: Dubai is located midway between the east and the west thus linking the good of both the worlds. It has both seaport and airport that makes logistics easier. Thus, business related to international trading, import, export, tourism, and logistics can flourish successfully in this region.

Is Dubai the richest city in the world?

Dubai ranks as the 12th wealthiest city in the world with the number of households earning more than $250,000 per year. In Dubai, about 250,000 households earn more than $250,000. Everyone isn’t rich in Dubai. Only about 15 percent of its residents are native to the emirate.

Which country is most capitalist?

Top 10 Countries with the Most Capitalist Economies – 2021 Heritage Index of Economic Freedom:

  • Singapore (Freedom score: 89.7)
  • New Zealand (83.9)
  • Australia (82.4)
  • Switzerland (81.9)
  • Ireland (81.4)
  • Taiwan (78.6)
  • United Kingdom (78.4)
  • Estonia (78.2)

Is the UAE communist?

Politics of the United Arab Emirates take place in a framework of a federal presidential elective constitutional monarchy (a federation of absolute monarchies).

Is Dubai a socialist?

The Dubai (/duːˈbaɪ/ doo-BY; Arabic: دبيّ‎ Dubayy, IPA: [dʊˈbæj]), is an emirate in the Sovereign Arab Socialist Republic of the United Arab Emirates (SASR United Arab Emirates, SASR UAE), a Sovereign Arab Socialist Republic (ASR) of the Union of Sovereign Arab Socialist Republics (UASR).

How do Dubai make money?

The UAE is the third-richest country in the world, below Luxembourg at number two and Qatar at number one, with a GDP per capita of $57,744. The bulk of its money comes from the production of goods and provision of services related to petroleum, petrochemicals, aluminium and cement.

What is Dubai known for?

Dubai is famous for sightseeing attractions such as the Burj Khalifa (the world’s tallest building) and shopping malls that come complete with mammoth aquariums and indoor ski slopes. But this city has many cultural highlights and things to do, as well as all the glamorous modern add-ons.

Does Dubai have oil?

THE city state of Dubai has little oil, but oil is making it rich as a growing financial and trading hub for the Gulf and Africa. It is dwarfed by Abu Dhabi’s oil, but nonetheless is expanding at a frantic pace, its GDP increasing 13 per cent last year.

United Arab Emirates Economic sectors, Information about Economic sectors in United Arab Emirates

The United Arab Emirates has a mixed free-market economy that is built on oil and natural gas production, which together account for more than a quarter of the country’s gross domestic product (GDP). As a result of its economic diversification program, the United Arab Emirates’ manufacturing (12.6 percent), commerce and hotels (11.4 percent), real estate (9.1 percent), construction (8.6 percent), transportation (7.3 percent), finance and insurance (7.3 percent) and other sectors have grown to account for a significant portion of the country’s gross domestic product (GDP) over the past two decades (6.4 percent).

In addition, the UAE boasts a thriving export industry.

Free trade zones, such as Jebel Ali in Dubai, have played a role in the region’s industrial development by attracting foreign companies.

Nonetheless, the overall health of the UAE’s economy continues to vary in tandem with the world price of hydrocarbons and the economic strength of the country’s main trade partners, especially Japan, which accounts for close to a third of the country’s total petroleum exports.

As a result of these connections, numerous sectors of the economy have experienced fast growth in recent years, as oil prices have recovered sharply since reaching historic lows in 1998.

The Abu Dhabi National Oil Company (ADNOC) is one of the most major businesses located in the United Arab Emirates (ADNOC).

Other important companies include Dubai Aluminum, which is owned by the government of Dubai and is a leading supplier of aluminum to the countries of the Gulf Cooperation Council; Etisalat, which is owned by the government of Abu Dhabi; and Emi-rates Airlines, which is owned by the government of Dubai.

Despite suffering significant losses in the 1990s, “Gulf Air” (a consortium controlled by Abu Dhabi, Qatar, Bahrain, and Oman) continues to be one of the world’s major airlines in the Arabian/Persian Gulf area today.

Dubai – Economy

Contrary to common opinion, Dubai’s economy is not centered on oil exports or consumption. Because of the little amount of oil income it had between the 1960s and the 1980s, it was able to invest in other sectors of its economy by constructing physical infrastructure. Commercial activity continues to be at the heart of the city’s economy, with the city owning and running two of the world’s most important ports, as well as an active international air freight hub.

It was founded in the 1980s to attract industrial investment; operations based there include aluminum smelting, automobile manufacture, and cement production. The Jebel Ali free-trade zone is located in the United Arab Emirates.

Finance and other services

The number of initiatives designed to attract foreign investment has expanded in the twenty-first century. In recent years, many free zones, such as Jebel Ali, have been developed in Dubai, allowing international enterprises to operate there without the requirement for a local partner. Many of the firms are from Europe or North America, and the largest of these is home to more than 6,400 enterprises, the majority of which are located in the largest of these. As early as the 1990s, the city began promoting itself as a high-end tourist destination, devoting a major portion of its gross domestic product to lavish resorts and attractions.

The Dubai International Financial Centre, which opened its doors in 2006 and is designated as an independent legal jurisdiction in the United Arab Emirates constitution, operates under a separate commercial and civil framework based on English common law and is governed by the Dubai International Financial Centre Regulations.

Using Dubai’s geographic location as a bridge between key financial centres in Europe and East Asia, these enterprises may save travel time between the two continents.

A loan of $10 billion from Abu Dhabi enabled Dubai to avoid defaulting on its debts, and the real estate market recovered quickly as a result of the financing.

Transportation

Embark on a journey aboard an anabra, a water taxi in Dubai. Water taxis in Dubai, United Arab Emirates, are the subject of this topic. Contunico is a trademark of ZDF Enterprises GmbH, Mainz. View all of the videos related to this topic. For walkers, Dubai is not an inviting city due to its broad motorways, hot heat, and reliance on air conditioning all year. As a result, vehicular traffic may be particularly heavy in Dubai. However, in the early twenty-first century, new bridges, highways, and a fully automated, driverless metro train system have all helped to alleviate the hassles of getting about the metropolis.

Administration and society

Located in the United Arab Emirates, Dubai Municipality is one of the major government agencies in the nation. It is overseen by a director general, who in turn reports to the chairman of Dubai Municipality, who is also a member of the royal family of the country. The director general is responsible for six sectors and 34 divisions, which collectively employ over 11,000 people. The municipality is not only responsible for the administration of city services, but it is also a major contributor to economic development in the emirate.

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Municipal services

A number of other services, such as rubbish collection, have been criticised for lagging behind in keeping up with the city’s population expansion.

A significant amount of effort has gone into the development and maintenance of parks and public spaces, with the city significantly increasing its number of green spaces in the 2010s.

Health

For individuals who have private medical insurance, health care in Dubai is typically of a high grade, with various private facilities, such the American Hospital Dubai, on hand to accommodate their needs. There are a handful of extra hospitals that are run by the government for individuals who do not have insurance.

Education

The education system is divided into two parts: the private and the public sectors. The majority of public schools educate in Arabic, whilst the majority of private schools and all institutions teach exclusively in English. Two institutions, the American University in Dubai (founded in 1995) and Zayed University (founded in 1998), have established solid reputations in the region. The majority of the employees are foreign nationals, with a considerable share hailing from North America.

Cultural life

Dubai’s art and film sectors grew in the early twenty-first century, with the annual Art Dubai exhibition presenting contemporary art and the Dubai Foreign Film Festival promoting both local and international films. It is housed in an 18th-century stronghold and has relics and exhibits that are relevant to the region’s early history and traditional culture. Dubai’s public library system is comprised of various branches located around the city, as well as a number of bookstores located in the city’s major shopping malls.

These have significantly improved the city’s reputation as a tourism destination.

There is still a clear division in the city’s media industry between government-backed television and newspapers, the majority of which are heavily censored, and foreign media companies that have established branch offices in Dubai Media City, a purpose-built complex that serves as a regional international media hub.

History

Having grown from its modest origins as a tiny fishing town, which was first mentioned in the 18th century, the city expanded fast as it became a significant center of the pearl-diving business. Due to the city’s entrepreneurial royal family’s efforts to lower taxes and welcome international merchants, the city flourished even more in the early twentieth century and quickly established itself as a re-exporting centre for Persia and India. The UAE’s capital, Dubai, continued to focus on commerce and investment throughout the later part of the twentieth century, channeling oil surpluses into significant infrastructure projects such as an international airport, dry docks, and a trade center.

The need for professional, educated foreign employees was widespread, and many chose Dubai for its tax-free pay and relatively stable political environment.

As a result of the influx of expats from other parts of the Arab world, as well as from Asia, Europe, and North America, the city gained a cosmopolitan air and was regarded as having one of the most liberal communities in the area. Christopher Davidson is a writer who lives in the United Kingdom.

Economy of Dubai, UAE

The economic shifts that have shaped Dubai into the metropolis that it is today are discussed here. Dubai is the second wealthiest emirate in the United Arab Emirates, behind Abu Dhabi, which serves as the country’s capital. In addition to being a major commerce and tourism attraction, the city’s port (JebeL Ali) serves as the regional hub for export trade in the Middle East. Since the establishment of the Dubai International Financial Centre (DIFC) in 2004, the city has grown into a global centre for service sectors such as information technology and finance, among others.

  1. The non-oil sector accounts for the vast majority of Dubai’s GDP (more than 95 percent).
  2. These statistics illustrate why Dubai has transformed its economy into one that is more dynamic and diverse in order to survive the depletion of fossil resources.
  3. The Burj Al Project (Burj Al Arab Hotel), which began in 1994 and is intended to be a long-term plan with the goal of becoming Dubai the world’s premier tourist destination, provided the economy reason to be optimistic.
  4. Some of Dubai’s most important investments have been severely hampered as a result of the worldwide economic downturn that has recently taken place.
  5. As a result, the majority of its ongoing projects, as well as the jobs of its expatriates, were adversely affected.
  6. Dubai has also positioned itself as a global technology hub that provides services to areas such as finance and information technology.
  7. Due to a promising growth rate of 6.1 percent in 2014, Dubai appears to be on its path to become one of the Middle East’s fastest-growing economies.
  8. By 2014, China has been regarded as Dubai’s most important commercial partner, followed by India and the United States.
  9. In 2018, Dubai had 15.93 million tourists, maintaining its position as the world’s fourth most popular tourist destination overall.

Due to the fact that the city is home to approximately 250 gold businesses, Dubai is appropriately known as the ‘City of Gold.’ Dubai has been awarded the proposal to host the much-anticipated Expo 2020, which would provide a significant boost to the local economy and is estimated to generate more than 270,000 jobs.

Population, GDP, Inflation, Business, Trade, FDI, Corruption

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Quick Facts

  • The economy is worth $744.1 billion, with yearly growth of 1.3 percent and compound annual growth of 2.3 percent over the past five years. The per capita income is $69,901.

The United Arab Emirates’ economic freedom score is 76.9, ranking them as the 14th most free economy in the World Economic Freedom Index for 2021. Overall, it has improved by 0.7 points, mostly as a result of an improvement in its financial situation. The United Arab Emirates is placed first among 14 nations in the Middle East and North Africa area, and its overall score is higher than both the regional and global averages. The country’s overall score is higher than both the regional and global norms.

Additional economic freedom, on the other hand, is required if the government is to succeed in weaning itself off of its dependency on the hydrocarbons industry.

A greater degree of regulatory openness to international investment would also be beneficial.

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Background

Its economic freedom score is 76.9, ranking it as the 14th most free economy in the World Economic Freedom Index for 2021. Overall, it has improved by 0.7 points, mostly as a result of an improvement in its financial condition. A total of 14 nations in the Middle East and North Africa area are placed first, with the United Arab Emirates scoring higher than the regional and global averages. United Arab Emirates economy has retained its position as one of the most free economies in the world this year.

Government expenditure and monetary freedom would most likely improve as a result of significant cutbacks in subsidy payments, according to the Index of Economic Freedom.

COVID-19 HAS AN IMPACT ON Approximately 576 deaths had been reported in the United Arab Emirates as of December 1, 2020, and the country’s economy was expected to fall by 6.6 percent for the calendar year.

Rule of Law View Methodology

Even though each emirate develops its own rules for land ownership, property rights are enforced in a predictable and equitable manner by the government. However, although the judiciary is not independent and court judgements are subject to review by the political leadership, the rule of law is largely upheld across the country. Although the United Arab Emirates is one of the least corrupt countries in the area, nepotism and corruption still exist, and the administration lacks openness in general.

Government Size View Methodology

The United Arab Emirates does not have an income tax and does not have a federal business tax. Some emirates have different business tax rates than others, and a value-added tax has been in effect in the UAE since 2018. The entire tax burden is equivalent to 0.1 percent of gross domestic product.

Budget deficits have averaged 0.3 percent of GDP over the previous three years, while government expenditure has averaged 30.0 percent of total production (GDP) over the same time period. The public debt is equal to 26.6 percent of the gross domestic product (GDP).

Regulatory Efficiency View Methodology

The fees for incorporating a firm in the United Arab Emirates have been reduced. The reduction in the number of inspections and the use of a risk-based strategy have made dealing with building permits easier. The formation of labor unions and the staging of worker strikes are illegal. According to the International Monetary Fund, the government is expected to spend 1.4 percent of GDP on subsidies by 2020.

Open Markets View Methodology

The United Arab Emirates is a signatory to four preferential trade agreements, all of which are in effect. The trade-weighted average tariff rate is 4.3 percent, and there are a total of 73 nontariff measures in place. Efforts to increase foreign investment in the country are still ongoing. The government has recognized 122 economic activities in 13 sectors as eligible for up to 100 percent foreign ownership, with the majority of them being in the technology sector. The financial system is contemporary and competitive, and international financial institutions have a significant presence in the country’s banking sector.

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UAE Economy

The United Arab Emirates boasts one of the world’s most open economies. Business and commerce have been welcomed in the Gulf from its founding, when ships travelled to India and down the coast of East Africa, as far south as Mozambique, establishing a legacy of hospitality. The United Arab Emirates (UAE) continues to be a crucial center, thanks to its business-friendly free zones and rapidly expanding economy. The UAE’s gross domestic product (GDP) for 2019 was $421 billion. This reflects the abundance of natural resources in the United Arab Emirates, which contains 10 percent of the world’s total oil reserves and the fifth biggest natural gas reserves in the world.

  • In addition to being a significant energy supplier, the United Arab Emirates is quickly becoming a significant consumer of energy as well.
  • Trade Opportunities are created via diversification.
  • The federal government and individual Emirate governments have made significant investments in industries like as renewable energy, aluminum manufacturing, tourism, aviation, re-export trade, telecommunications, and innovative technology, among others.
  • Young people are at the center of these forward-looking projects, taking on crucial leadership roles in industry, government, research, and a variety of other fields of endeavor.
  • Tourism has played a significant role in the success of the United Arab Emirates’ economic diversification efforts.
  • The World Expo, which will be held in the United Arab Emirates in 2021, will draw visitors and industry executives from all over the world.
  • It has been recognized by a number of global business indices as one of the most advantageous places to do international business.

The UAE is also ranked in the top 30 on the World Economic Forum’s “most-networked countries” list, placing it ahead of all other Arab The United Arab Emirates has favorable ratings for corruption control from Transparency International and the World Bank’s Worldwide Governance Indicators, and is ranked in the top quarter of the least corrupt nations in the world.

The United States-United Arab Emirates Business Council was established in May 2007. The Business Council now has over 100 members from both nations, representing a diverse range of industries.

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The UAE’s economy – The Official Portal of the UAE Government

  • If you are medically eligible, you should consider getting a COVID-19 vaccination. Download the ALHOSN UAE contact tracing application
  • And Maintain a physical gap of two metres (six feet) between yourself and others. Handwashing for at least 20 seconds and hand sanitizing on a frequent basis are recommended. When going outside, put on your mask and gloves. Put on a mask and gloves and stay inside your houses if you are unwell or are caring for someone who is sick. Maintain general health precautions by doing the following:
  • It is important to avoid interaction with items that have been touched by others. Countertops, door handles, furniture and toys should all be cleaned and disinfected at least once a day, as should phones, computers, remote controls and everything else you use on a daily basis
  • Follow the safety precautions in place at your place of employment. Only rely on information provided by government officials
  • If medical assistance is required, contact the appropriate authorities.
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In addition to the UAE’s strategic geographic location, strong financial reserves, large sovereign wealth fund, promising investor home economies, consistent government spending and an aggressive policy of economic diversification, the country’s economy also benefits from free zones and increased foreign direct investment.

What is the main economy of Dubai? – SidmartinBio

UAE’s healthy economy is bolstered by its strategic position, substantial financial reserves, substantial sovereign wealth fund, attractive investor home economies, steady government expenditure, progressive strategy of economic diversification, free zones, and growing foreign direct investment.

What economic system does Dubai use?

The International Herald Tribune has referred to it as “centrally-planned free-market capitalism” in its description. Despite the fact that oil production previously accounted for half of Dubai’s gross domestic product, it now accounts for less than one percent of the country’s total GDP.

What type of economy does UAE have?

Economy based on free markets With an open market economy, the prices of products and services are decided by a free price system in the United Arab Emirates, which is a free market economy. In addition to the League of Arab States (often known as the Arab League), the United Arab Emirates is a member of the Gulf Cooperation Council (GCC).

Is UAE a mixed economy?

The United Arab Emirates has a mixed economy, with the largest productive assets being controlled by the governments of the different Emirates, but with significant room for private industry as well. Its judicial system is skewed in favor of UAE citizens over non-citizens.

Is everyone in UAE rich?

In Dubai, no one is very wealthy. Only roughly 15 percent of the emirate’s population is indigenous to the country. While it is true that Dubai is a part of the United Arab Emirates, which is one of the world’s richest countries, not everyone in the emirate enjoys a comfortable lifestyle. Nearly 20 percent of the population, according to some estimates, is considered to be impoverished.

What are the main industries in UAE?

International commerce, air transport, financial activities, and tourism are the four most important sub-sectors. The travel and tourism sector, in particular, makes a total contribution to GDP of around 12 percent, with the emirate of Dubai being the primary driver (UAE Official Portal).

What kind of economy does the UAE have?

In addition to having a high per capita income and a substantial yearly trade surplus, the UAE boasts an open economy. Economic diversification measures have been successful in reducing the share of GDP derived from the oil and gas industry to 30 percent.

Is there an oil based economy in Dubai?

Contrary to common opinion, Dubai’s economy is not centered on oil exports or consumption. The little oil revenue it did have between the 1960s and the 1990s was utilized to improve the physical infrastructure of the country, which in turn helped to boost other areas of the economy.

How does the city of Dubai help the economy?

The UAE’s economy is not built on oil, as is often believed by the public.

Because of its oil wealth, it was able to invest in other areas of the economy by constructing physical infrastructure between the 1960s and the 1990s.

Which is the best economy in the Middle East?

Contrary to common assumption, Dubai’s economy is not built on oil. The little oil income it did have between the 1960s and the 1990s was spent to improve the physical infrastructure of the country, which in turn helped to boost other areas of its economy.

From fishing village to futuristic metropolis: Dubai’s remarkable transformation

As the world’s tallest skyscraper when it’s finished, the rocket-shaped Dubai Creek Tower will surpass the Burj Khalifa, which is located just a few miles away. The Dubai Creek Tower, rising over the city’s skyline, is shown in architectural detail. Image courtesy of Emaar This latest addition to the Dubai skyline is extravagant and showy, and it is characteristic of a city that was nothing more than a fishing town only a few decades ago, according to the World Bank. With its foundation in oil and real estate development, Dubai has emerged as the globalized financial capital of the United Arab Emirates (UAE), serving as a regional center for commerce, tourism, and financial services.

  • It has become synonymous with massive projects such as man-made islands, the world’s biggest natural flower garden, the world’s tallest ferris wheel, and the world’s most opulent hotel, among others.
  • Photo courtesy of REUTERS/Karim Sahib/Pool Oil is the foundation of the structure.
  • Because it was easily accessible from all over the world, the population exploded in the decades that followed, with the majority of the growth being driven by foreign migrants.
  • Image courtesy of Reuters/Satish Kumar Abu Dhabi, the capital of the United Arab Emirates and by far the wealthiest emirate, has seen a population surge in the previous 50 years.
  • Oil contributes less than 1% of Dubai’s GDP now, although it used to account for more than half.
  • Having said that, Dubai is also constructing a massive coal-fired power plant, which will be the first of its kind in the United Arab Emirates.
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What is the Annual Meeting of the Global Future Councils?

The Annual Meeting of the Global Future Councils will take place in Dubai from November 3-4, 2019, and will be a massive brainstorming session. It brings together more than 600 members of the World Economic Forum’s Network of Global Future Councils – leaders from academia, business, government, and civil society – to discuss global challenges and opportunities. The conversations will encourage creative problem-solving to solve the most pressing issues of our day, as well as developing or cross-cutting issues relating to the Fourth Industrial Revolution, among other things.

Dubai’s economy has not been functioning well in recent years, despite the seeming wealth on show in the city.

Image courtesy of the Financial Times Despite Dubai’s efforts to diversify its economy, much of the city’s present challenges can be traced back to the collapse in oil prices that occurred in 2015.

A number of emirates, including Abu Dhabi, are making attempts to diversify their economies, with a particular focus on expanding their non-oil knowledge-based industries.

In some of the country’s least developed districts, the government is providing loans and promoting investment as well as ecotourism. The opinions stated in this article are solely those of the author and do not reflect those of the World Economic Forum as an organization.

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Economy of the UAE

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Local markets and exports

Tomatoes, cucumbers, aubergines, cabbage, squash, mushrooms, lettuce, and cauliflower are among the vegetables grown in the nation, which accounts for a substantial portion of its vegetable requirements. While planted area decreased, the amount of vegetables produced climbed by an average of 26 percent from 2005 to 2009, with total output increasing from 494,000 tons to 1.3 million tons. This represents an increase in the amount of produce produced per hectare. As well as date palms, tobacco and a variety of crops including as mangoes, citrus fruits, papayas, and watermelons are grown on a lesser scale throughout the country.

In 1991, local dairies supplied around 92 percent of the country’s total milk production needs.

The Economy of Dubai

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Abdulrazak Al Faris and Raimundo Soto

Over the course of fifty years, Dubai has evolved from a tiny fishing and trade town to a sophisticated, integrated, and thriving economic powerhouse. Oil wealth sparked the growth process, but unlike most other oil exporters, it has been able to effectively diversify away from hydrocarbons by developing world-class clusters of financial services, tourism, and international trade. To be expected, Dubai has emerged as a model of economic development not just for the other six emirates that make up the United Arab Emirates, but also for the majority of the world’s developing economies.

More Keywords:Dubai, economics, economic development, United Arab Emirates, government policies, private sector, economic development

Bibliographic Information

Print publication date: 2016 Print ISBN-13: 9780198758389
Published to Oxford Scholarship Online: March 2016 DOI:10.1093/acprof:oso/9780198758389.001.0001

Authors

The editor, Abdulrazak Al Faris, is also the Deputy Secretary General for Economic Affairs of the Dubai Economic Council. Professor of Economics at the Pontificia Universidad Catolica de Chile’s Department of Economics, Raimundo Soto is the editor of this volume. Less

United Arab Emirates vs United States: Economy Facts and Stats

The World Factbook, United States Central Intelligence Agency, accessed on March 21, 2013); World Banknational accounts data; and OECD National Accounts data files. SOURCES:CIA World Factbooks18 December 2003 to 28 March 2011; CIA World Factbooks2010,2011,2012,2013; Wikipedia: List of countries by public debt (List)(Public debt, The World Factbook, United States Central Intelligence Agency, accessed on March 21, 2013); CIA World Factbooks2010,2011,2012,2013; (1) United Nations Population Division population data obtained from the World Bank.

In addition to the (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) United States Census Bureau: International Database; World Bank national accounts data, and OECD National Accounts data files (1) United Nations Population Division population data obtained from the World Bank.

(1) United Nations Population Division population data obtained from the World Bank.

World Development Indicators database; Human Development Report 2006, United Nations Development Programme; World Tourism Organization, Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files; Secretariat of the Pacific Community: Statistics and Demography Programme; and U.S.

The World Bank is a multilateral financial institution that was established in 1945.

; World Development Indicators Tables of sources; The Economist; The CIA The World Factbooks 2010, 2011, 2012, and 2013 are available online.

International Monetary Fund, International Financial Statistics and data files; World Bank, World Population Prospects; United Nations Statistical Division, Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) United States Census Bureau: International Database The World Bank is a multilateral financial institution that was established in 1945.

World Development Indicators database; International Monetary Fund, Government Finance Statistics Yearbook and data files, as well as World Bank and OECD GDP estimates; World Bank national accounts data, as well as OECD National Accounts data files; British Broadcasting Corporation 2014; World Development Indicators database; World Development Indicators database (1) United Nations Population Division population data obtained from the World Bank.

United Nations Statistical Division, World Population Prospects, (2) United Nations Population Division The World Bank’s national accounts data; the World Tourism Organization’s Yearbook of Tourism Statistics, Compendium of Tourism Statistics, and data files; and the World Bank’s national accounts data.

United Nations Statistical Division, World Population Prospects, (2) United Nations Population Division ;Wikipedia: List of countries by public debt (List);The Heritage Foundation;Global Stock Markets Factbook; World Tourism Organization, Yearbook of Tourism Statisticians; World Tourism Organization, Yearbook of Tourism Statisticians; World Tourism Organization, Yearbook of Tourism Statisticians; World Tourism Organization, Yearbook of Tourism Statisticians; World Tourism Organization, Yearbook of Tourism Statisticians; World Tourism Organization, Yearbook of Tourism Statisticians; World Tourism Organization, Yearbook of Tourism Statisticians; World Tourism Organization (1) United Nations Population Division population data obtained from the World Bank.

  • United Nations Statistical Division, World Population Prospects, (2) United Nations Population Division U.S.
  • (1) United Nations Population Division population data obtained from the World Bank.
  • (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S.
  • United Nations Statistical Division, World Population Prospects, (2) United Nations Population Division Population and Vital Statistics Report (different years), (3) Census reports and other statistical publications from national statistical offices, and (4) Census data from various years.
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Population and Vital Statistics Report (various years), (2) United Nations Statistical Division, Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) United Nations Population and Vital Statistics Report (various years).

Census Bureau’s International Database, the World Bank has provided additional resources.

); International Monetary Fund, World Economic Outlook Databse.

WPIs (World Productivity Indicators).

United Nations Statistical Division, World Population Prospects, (2) United Nations Population Division (1) The World Tourism Organization’s Statistics Database and Yearbook |

Organization of the United Nations IKEA shops in many nations may be found on Wikipedia, as can the World Tourism Organization and the United Nations Statistics Division.

(1) United Nations Population Division population data obtained from the World Bank.

(1) United Nations Population Division population data obtained from the World Bank.

In addition, the World Health Organization’s National Health Account database (see for the most recent updates), the World Bank’s Doing Business project, and the Secretariat of the Pacific Community’s Statistics and Demography Programme are all useful resources.

( (1) United Nations Population Division population data obtained from the World Bank.

(4) Eurostat: Demographic Statistics (European Union).

Tables of sources: Doing Business 2005 Economy Rankings; International Monetary Fund Financial Access Survey; Doing Business 2005 Economy Rankings.

World Development Indicators; the International Monetary Fund’s Government Finance Statistics Yearbook and data files; and the World Bank’s World Development Indicators.

The World Development Indicators are produced by the United Nations Statistics Division.

(1) United Nations Population Division, World Population Prospects, and (2) United Nations Statistical Division.

World Economic Forum -Global Competitiveness Report 2004-2005; Wikipedia: List of countries by sovereign wealth funds(Sovereign Wealth Fund Rankings by Sovereign Wealth Funds); World (1) United Nations Population Division population data obtained from the World Bank.

World Development Indicators 2002, on a CD-ROM, is available.

The World Bank is a multilateral financial institution that was established in 1945.

(1) United Nations Population Division population data obtained from the World Bank.

United Nations Conference on Trade and Development (UNCTAD); International Monetary Fund, Government Finance Statistics Yearbook and data files; World Bank 2002.

Census Bureau: International Database.

March.

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