2014 | OriginalPaper | Chapter
Dynamic Characteristics of the UAE
Authors : Martin Spraggon, Virginia Bodolica
Published in: Managing Organizations in the United Arab Emirates
Publisher: Palgrave Macmillan US
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The United Arab Emirates (UAE) is a mesmerizing Middle Eastern nation that has experienced vertiginous economic growth over the past years. Considering that the country has attained noteworthy regional and international standings in a short period of time, the purpose of this chapter is to uncover and discuss the specific sources of the UAE’s competitiveness and innovation. To illustrate the recent accomplishments of the UAE in espousing the principles of the knowledge-based economy, the chapter benchmarks the country’s rankings in terms of global competitiveness, innovation, human capital, the gender gap, networked readiness, and travel and tourism. The proposed analysis is relevant and timely both for understanding how this constantly evolving economy has achieved its current level of development and for delineating strategic priorities that may allow an effective implementation of the UAE long-term vision.