The United Arab Emirates: Some Lessons in Economic Development

  title={The United Arab Emirates: Some Lessons in Economic Development},
  author={Yaw Nyarko},
  • Yaw Nyarko
  • Published 2010
  • Engineering
  • Oil was discovered in the United Arab Emirates (UAE) just 50 years ago. During that time, UAE has been able to transform itself into a rapidly modernizing country, which is fast becoming a major economic hub and a key player on the international economic landscape. 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… CONTINUE READING
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    • References International Monetary Fund (IMF)
    • 2008
    Sheikh Dhiyab bin `Isa bin Nahayan
      Sheikh Hamdan bin Zaid Al Nahayan 1922-26 Sheikh Sultan bin Zaid Al Nahayan
        Sheikh Khalifa bin Shakhbut Al Nahayan* 1833-45 Sheikh Sultan bin Shakhbut Al Nahayan* 1845-45 Sheikh `Isa bin Khalid 1845-45 Sheikh Dhiyab bin `Isa 1845-55 Sheikh Said bin Tahnun Al Nahayan
          Sheikh Muhammad bin Shakhbut Al Nahayan
            Sheikh Saqr bin Zaid Al Nahayan
              Sheikh Shakhbut bin Dhiyab Al Nahayan
                Sheikh Zaid I bin Khalifa Al Nahayan