The United Arab Emirates: Some Lessons in Economic Development
The United Arab Emirates: Some Lessons in Economic Development, Nyarko, Y., edited by Fosu, A. K. (2010). Working paper (No. 2010, 11)/World Institute for Development Economics Research, republished in Achieving Development Success: Strategies and Lessons from the Developing World.
Oil was discovered in the UAE just 50 years ago…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 …