What is it about?

We examines sector specific characteristics to analyse the factors affecting the sustainability of the economies of Dubai and rest of the United Arab Emirates (UAE).

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Why is it important?

The study provides insights to the UAE policy makers, for enhancement of policies through development of the key sectors that influence the performance of the two economies. Despite being independent entities though, the seven emirates of the UAE are economically interdependent. Studies on such interactions add unique value to the literature.

Perspectives

The positive sizable impact of the finance sector in Dubai and negative sizable impact in the rest of the UAE provide many opportunities for designing diversification programs for sustained economic development of the entire UAE economy. The study findings are very crucial for identifying structural reforms, to strengthen competitiveness and accelerate private sector-led job creation for nationals, potential on further opening up foreign direct investment (FDI), improving selected areas of the business environment, and easing access to finance for start-ups and SMEs in both the economies.

Dr Ananth Rao
University of Dubai

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This page is a summary of: Sectoral Evaluation for Economic and Financial Development in Dubai and rest of UAE, International Conference on Advances in Business Management and Law (ICABML), December 2017, University of Dubai,
DOI: 10.30585/icabml-cp.v1i1.11.
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