Study of the impact of globalization on the economy, society, and culture of the United Arab Emirates.
Research Paper # 52803 |
13,525 words (
approx. 54.1 pages ) |
20 sources |
MLA | 2004
|
$ 153.95
More information
|
New! Look inside the paper
|
Add to cart
Abstract
This paper provides an overview of the variety of ways globalization has impacted the economy of the United Arab Emirates (UAE), its social systems, and its culture. The paper also explains how the impact of globalization has been both positive and negative and details how it has affected the role and position of women in UAE society.
The Economic Impact -- An Overview
Impact of Globalization on the Social System of the UAE
Role of Women in the Wake of Globalization and Liberalization
Cultural Impact of Globalization
From the Paper
"The Arab world has long been the source of oil and natural gas to the entire world. In being so the emirate has thrived for long as a world leader and a conglomerate of oil rich nations. Globalization has on its part been a source of extensive influence in many different spheres; economically, socially, politically, culturally or militarily. Largely a desert dominated topography, the nations of the United Arab Emirates have thrived on oil and energy related foreign trade that has bolstered their economic and political status across the globe and has placed them on par with superpowers of the world as in the likes of the United States, The United Kingdom, and The European Union and so on. The vast and untapped potential hidden in the expanses of the desert hemisphere has long been the focal point of observation and interest of many a western nation who wanted to play a dominant role in exerting its presence in the region."
Tags:muslim, oil, economy, abu, dhabi, dubai, saadiyat, free, zone, trucial, states, oman
A look at the physical environment, climate, demographics, literacy, religion, economy, government, global relations and the trade and investment outlook.
Essay # 19033 |
1,350 words (
approx. 5.4 pages ) |
5 sources |
1991
|
$ 27.95
More information
|
Add to cart
From the Paper
"In order to make a decision regarding marketing products or investing in a given country, it is necessary to understand the country in question. Key to this understanding is an appreciation of the history and culture involved, as well as an examination of the physical characteristics of the land. The bureaucratic infrastructure, government and economy are all primary considerations. In order to develop a basic understanding of the United Arab Emirates (UAE), it is necessary to examine the physical environment, the population demographics, cultural characteristics of the country, the state of the economy, and the future outlook for the UAE.
The UAE is, as its name implies, a collection of seven fairly independent emirates: Abu Dhabi, Dubai, Sharjah, Umm alQaiwain, Ajman, Fujairah and Ras al-Khaimah. Located on the..."
Discusses the economy of the United Arab Emirates and the issue of globalization.
Research Paper # 73111 |
9,900 words (
approx. 39.6 pages ) |
37 sources |
MLA | 2004
|
$ 120.95
More information
|
Add to cart
Abstract
This paper discusses the economy of the United Arab Emirates and the issue of globalization, UAE's oil sector, Westernization, and the future of the UAE. It provides historical formation of the UAE in 1971and its impact. The paper also looks at the Islamic ideal.
From the Paper
"The union of these seven emirates and the development of the UAE as a significant regional power in the Arabian Gulf has depended in part upon oil resources and in part upon a proactive development policy initiated by Sheikh Zayed bin Sultan An Nayan ..."
Tags:globalization, United Arab Emirates, Westernization, business, petroleum
Presents a study of the impact of the global financial crisis on Saudi Arabia and the United Arab Emirates (UAE).
Term Paper # 149807 |
7,120 words (
approx. 28.5 pages ) |
11 sources |
APA | 2011
|
$ 95.95
More information
|
New! Look inside the paper
|
Add to cart
Abstract
This paper confirms the study's hypothesis that the impact of the global financial crisis upon the countries of Saudi Arabia and the United Arab Emirates (UAE) was slower in being realized than throughout the rest of the world but nevertheless did impact both countries. Next, the author reviews the definition of the financial crisis, its time sequence and symptoms globally and with these two countries. The paper recommends the importance of continuing to diversify the economies of UAE and Saudi Arabian as a method of mitigating the impact of the present and future global economic crises.
Table of Contents:
Statement of Thesis
Purpose of the Study
Significance of the Study
Definition of the Financial Crisis
Time Sequence of the Global Financial Crisis
Introduction to the Study
Causes of the Financial Crisis
Background of the Study
Symptoms of the Crisis and its Implications
Further Examination of Evidence of Impact
Findings of the Study
Summary and Conclusion
Recommendations
From the Paper
"Furthermore, the debt financing markets are stated to have been frozen due to the financial conditions both locally and globally. The stock market in Saudi Arabia is stated to have "gone into freefall" since the crisis intensified. However, since many of the companies and investors in Saudi Arabia do not have to borrow the funds needing for funding requirements. Jawai (2008) states the conditions in this area has actually improved due to the collapse of raw material prices and the "easing of global supply bottlenecks" which results in falling project costs. It is stated to be similar for the government in that while the government will be impacted by lower oil revenues at the same time government revenues in Saudi Arabia "will remain exceptionally large and are backed up by huge foreign assets held at SAMA. The government, due to these resources is able to not only meet its commitments but as well in the position to "underwrite the private sector in key strategic projects." (Jawai, 2008, p.4) Stated as the most immediate and the clearest impact of the financial crisis on the economy in Saudi Arabia is the collapse in oil prices.
"The work of Moore (2009) entitled: "The U.S.-U.A.E. Trade and Investment Relationship 2009 Update" states that the long-term outlook for the UAE "remains bright" as the "price of petroleum will rise as economic growth rebounds. This translates into an on-going ability of the UAE to purchase U.S. products for which its consumers clearly have a strong demand. Exports of U.S. services, ranging from healthcare, financial management, construction, education and entertainment will remain robust in coming years as well."
Tags:risk, remuneration policies, open trade policy, oil prices, GDP growth
An examination of the impact of the global financial crisis on Saudi Arabia and the United Arab Emirates (UAE).
Research Paper # 149782 |
6,629 words (
approx. 26.5 pages ) |
10 sources |
APA | 2011
|
$ 91.95
More information
|
New! Look inside the paper
|
Add to cart
Abstract
The paper presents the thesis that the global financial crisis has impacted the countries of Saudi Arabia and the United Arab Emirates, but both countries are positioned well to withstand the onslaught of repercussions from this crisis. The paper outlines the causes of the crisis and discusses the resulting rise in costs of living and food prices in these countries. The paper finds from the research that the private sector will feel the impact of the economic crisis the most severely, and specifically in relation to the construction projects that are presently ongoing. A figure is included in the paper.
Outline:
Statement of Thesis
Purpose of the Study
Significance of the Study
Definition of the Financial Crisis
Time Sequence of the Global Financial Crisis
Introduction to the Study
Causes of the the Financial Crisis
Background of the Study
Symptoms of the Crisis and its Implications
Further Examination of Evidence of Impact
Findings of the Study
Summary and Conclusion
From the Paper
"The present financial crisis has derived from more than one source although many blame this on the subprime mortgage industry. The truth is that the present financial crisis can be blamed on many aspects of economic policy and practice areas. The work of Jawai (2008) states that the problems "stem from the collapse of the dotcom boom in the early part of the decade and the subsequent period of low interest rates." (p.2)
"Lower interest rates worked to drive excessive lending and risk-taking in the financial sector. In 2006, 15 percent of the mortgage market in the United States were loans known as 'sub-prime' loans. The banks repackaged their risks "into complex financial products and sold these to other financial institutions.
"April 2007 witnessed the collapse of sub-prime lender New Century Financial and this collapse was only the first of many casualties. The British government nationalized the mortgage lender Northern Rock and soon afterwards Bear Stearns collapse due to subprime loans. Fannie Mae and Freddie Mac were nationalized in September 2008 because of the great losses suffered due to mortgage defaults. Soon afterwards Lehman Brother, the United State's fourth largest investment bank collapse and this is stated to have "greatly intensified the financial crisis." (Jawai, 2008, p.2)"
Tags:Gulf, Cooperation, Council, investment, funds, oil, prices, private, sector
This paper is targeted for globalizing companies and includes a
cultural analysis of Canada, in addition to a report on the United Arab Emirates.
Term Paper # 118897 |
938 words (
approx. 3.8 pages ) |
6 sources |
APA | 2010
|
$ 19.95
More information
|
Add to cart
Abstract
The paper advises those companies who want to do business in Canada to understand and respect Canadian culture as well as raise Canadians' cultural self-esteem. The paper looks at the corporate marketplace requirements vs. entrepreneurial requirements and offers insight into the Canadian consumer culture. The paper then turns to the United Arab Emirates (UAE) and the effect of culture on businesses there. The paper deals with the number of different cultures in play and the level of dominance that the UAE culture exhibits, the effect that Muslim laws and beliefs have on business interactions, the need for communication, the effect that American globalization has on business in the UAE and the laws and regulations that govern American participation in business development within the UAE.
From the Paper
"The choice of Canada as a study target is appealing because of its close geographical proximity to the United States. Since it is close, international business is relatively cheaper and fast. Canada also may be a good place to store products or technology as a remote location before introducing it to either domestic offices or domestic consumers.
"The way to do business in Canada is to respect Canadian culture, as well as give Canadian culture a sense of purpose and heightened respect. Canadian culture is not well known globally, and thus knowledge about Canadian culture demonstrating respect respect, appreciation and knowledge ability of Canadian culture can open trade doors, and build valuable networks originating within Canada, which has a strong middle class that is an attractive market for American products, as well as a viable one."
Tags:consumer, culture, communication, globalization, expansion
A discussion of the problems that the United Arab Emirates face in having such a strong focus on the oil industry.
Term Paper # 119030 |
2,184 words (
approx. 8.7 pages ) |
6 sources |
MLA | 2010
|
$ 40.95
More information
|
Add to cart
Abstract
This paper discusses the United Arab Emirates (UAE) and their prime economic characteristic; that of an oil supplier and distributor. The paper specifically examines how the federation's sole focus on the oil industry gives their workforce demographics a problem with which they must eventually deal. The paper discusses some of these potential and current problems.
From the Paper
"The dependence upon a single product in any economy is a recipe for disdain. Thus, it is of importance that the economy of the UAE shifts away from such a situation, and establish the infrastructure necessary to progress. Education will enable the inhabitants of the country to move forward towards integration, thus establishing democracy. Through the establishment of democracy, industry will receive the capitalistic impetus necessary to explode, creating jobs for the population alongside international power and respect. Today the United Arab Emirates presents a good image of people of diverse cultural
backgrounds living together harmoniously. All his is supported by revenues from oil and gas production, which flow to the population at large and not just to a few individuals or families. (Melamid 545) Given the society's ability to advance, only the necessary steps must be taken to begin the momentum towards economic and political victory, both within the domestic and international arenas."
Tags:infrastructure, jobs, demographics, federation
Looks at the economic characteristics, geography and political structure of the United Arab Emirates (UAE).
Term Paper # 111473 |
1,545 words (
approx. 6.2 pages ) |
10 sources |
MLA | 2009
|
$ 30.95
More information
|
New! Look inside the paper
|
Add to cart
Abstract
This paper explains that the United Arab Emirates (UAE) is a federation of seven sheikdoms, which has proven to be remarkably politically stable and is one of the most developed countries in the world. The author describes the size, topography, population and climate of the area and stresses that one of the important aspects of the UAE governmental strategy is the emphasis on the cooperation between the federal and local authorities in terms of project implementation. The paper also points out that there are still concerns about the actual existence of a functional democracy and the respect for human rights in this country.
Table of Contents:
Economic Characteristics
Geography
Political
From the Paper
"Mohammed bin Rashid Al Maktoum was named Vice President and assumed the position of Prime Minister in January 2006. Their programs included the encouragement of public participation in the government, especially by introducing direct elections to the Federal National Council, the national government . Previously, the National Assembly was formed by the appointment of its 40 members by the emirate rulers and acted as a consultative body overall. At present, half of the members will be voted in office, with only the remainder 20 being actually named into the Council by the rulers."
Tags:consumerism, abu dhabi, dubai federation, human rights
A look at whether a company in the United Arab Emirates should purchase a subsidiary of purchase Sammon VG.
Analytical Essay # 150403 |
750 words (
approx. 3 pages ) |
5 sources |
APA | 2012
|
$ 16.95
More information
|
Add to cart
Abstract
This paper examines how the Sammon Group, an internationally recognized corporation, is considering selling its subsidiary in Dubai. According to the paper, this is due to the global economic downturn. The aim of this report is to assess this subsidiary and formulate a recommendation of purchase or not purchase. The analysis was conducted in terms of SWOT, BSC and the McKinsey 7-S model, in which the company is assessed according to each one. Ultimately, these models show that Sammon VG has evolved as part of a large and successful corporation, in a highly promising market. The paper concludes by stating that the final recommendation is in favor of purchasing the Groups' subsidiary in Dubai.
Outline:
Introduction
SWOT Analysis
Balanced Scorecard
McKinsey 7-S Model
Recommendation
From the Paper
"Due to the poor level of Sammon VG's communication with the stakeholders, the gathering of information vital to conducting a balanced scorecard analysis is an extremely difficult task. Nevertheless, it can be argued that Sammon VG is very well integrated in the overall view and operations of parent company Sammon Group. The "commitment to quality and project delivery is part of a two-pronged philosophy on which the company was founded. The other central pillar of our business - gleaned though many years learning the trade in my own family's business - is, very simply, that the client comes first" (Sammon Group Website, 2009).
"Additionally, not only that it operates in the same direction, it also operates in such a manner that supports the Group in reaching their overall objectives. Sammon VG is in itself a testimony of the great levels of diversification in terms of all products and services offered, as well as working locations."
Tags:SWOT analysis, McKinsey 7-S model, United Arab Emirates
This paper discusses the current global trends in the external environment that are likely to pose a significant threat to the development of tourism.
Essay # 62254 |
2,625 words (
approx. 10.5 pages ) |
10 sources |
APA | 2005
|
$ 47.95
More information
|
New! Look inside the paper
|
Add to cart
Abstract
This paper explains that the monopoly of the top five tourism destinations of France, Spain, the United States, Italy and China is being challenged by over thirty other countries located in Asia such as Malaysia, Africa such as Mauritius, the Middle East such as the United Arab Emirates, South America such as Cuba and the newly independent countries in Europe such as Azerbaijan, Croatia, and Uzbekistan. The author points out that the most significant macro-economic trend, which began in the 1990s, is globalization. The paper stresses that rapid and unplanned tourism development is resulting in destroying the beauty and ecological balance of many a natural habitat, which means that the tourism industry is rather irresponsibly destroying one of its own key capital assets.
Table of Contents
Competitive Trends
Macroeconomic Trends
Environmental Issues
Leveraging Strengths to Overcome Key Threats to Global Tourism
From the Paper
"The World Tourism Organization estimates that there were 694 million international tourist arrivals in 2003, and that international tourism receipts totaled $514 billion in 2003. These figures indicate the importance of tourism to the global economy and more important, the efforts that are being made to encourage its growth. In fact, the investment of money, time, and effort in tourism is not surprising considering that tourism represents approximately 7 percent of worldwide exports of goods and services, occupying the fourth position after exports of chemicals, automotive products and fuels."
Tags:globalization, countries, ecological, strengths, complex