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United Arab Emirates

United Arab Emirates

Özlem Durgun
Copyright: © 2018 |Pages: 23
ISBN13: 9781522529392|ISBN10: 152252939X|EISBN13: 9781522529408
DOI: 10.4018/978-1-5225-2939-2.ch013
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MLA

Durgun, Özlem. "United Arab Emirates." Handbook of Research on Sociopolitical Factors Impacting Economic Growth in Islamic Nations, edited by Suleyman Ozdemir, et al., IGI Global, 2018, pp. 253-275. https://doi.org/10.4018/978-1-5225-2939-2.ch013

APA

Durgun, Ö. (2018). United Arab Emirates. In S. Ozdemir, S. Erdogan, & A. Gedikli (Eds.), Handbook of Research on Sociopolitical Factors Impacting Economic Growth in Islamic Nations (pp. 253-275). IGI Global. https://doi.org/10.4018/978-1-5225-2939-2.ch013

Chicago

Durgun, Özlem. "United Arab Emirates." In Handbook of Research on Sociopolitical Factors Impacting Economic Growth in Islamic Nations, edited by Suleyman Ozdemir, Seyfettin Erdogan, and Ayfer Gedikli, 253-275. Hershey, PA: IGI Global, 2018. https://doi.org/10.4018/978-1-5225-2939-2.ch013

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Abstract

UAE has been founded by uniting of seven emirates that declare independence at 1971. The country has made significant progress in last 45 years related to World Bank. While the poverty has been seen in the emirates during its establishment, they have achieved to the level of developed countries today. The economy of the country depends on production of oil and natural gas resources. The globalization process has affected to commercial and economic policies of the country. Thus, the country is experiencing a rapid transformation. An excessive labor demand has arisen after the increase on the studies about infrastructure-superstructure and foreign capital inflow had been combined. The need for professional labor force will also increase as the goals of the government about creating a knowledge-based and creative economy proceed. UAE has worked to become one of the leader countries in the region related to economic and social issues. Discovery of the petroleum 30 years ago has transformed the poor region to a country which has numerous modern structures.

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