This paper examines the development of Dubai in the United Arab Emirates and specifically as related to development stimulated with the Free Trade Zones in Dubai.
Written in 2008; 10,457 words; 22 sources; APA; $ 209.95
Paper Summary:
The paper explores Dubai's modern development, foreign direct investment and innovative, rapid and expansive growth in only a short period of time. The paper provides an extensive literature review that depicts Dubai as the new mega-city of the future. The paper concludes that the Free Tax Zones have been a strategic genius and successful tactic in driving the growth and development of Dubai in the United Arab Emirates.
Outline:
Abstract
Chapter 1: Introduction
Chapter 2: The Study
From the Paper:
"The Jebel Ali port has doubled in size and a new international airport constructed. Dubai launched its stock market two years ago and is stated to be one of the "telling signs of Dubai's long-term goal of positioning itself as the central economic hubs between London and Singapore." (Zacks, 2007) Zack relates that the true "...genius of Dubai" is its beginnings as one of the Arabian Gulf states with the least resource base as the oil reserves of the 1960s were modest however, presently only approximately 5% of the GDP in Dubai is oil compared to over 50% in 1980. Dubai has five million tourists annually and has an economy growing by approximately 16 percent annually. Approximately sixty percent of the 1.4 million population in Dubai are guest workers from South Asia who earn approximately, "two to three times the average income in their home countries...growing by four percent every year." (Zacks, 2007) "
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