Chris Monsour
Chuck Stull
Economics of Global Travelers
23 May 2014
Link to Article: http://www.khaleejtimes.com/kt-article-display-1.asp?xfile=data/government/2014/May/government_May53.xml§ion=government
(This article does not have to do with economic issues within the UAE, but rather the complete opposite. It is actually quite difficult to find any negative economic news regarding the UAE online!)
1. The article opens with a strong summary of just how well the UAE is doing in the world, as well as Dubai. "The UAE has the most efficient government, the strongest decision-making process and the lightest bureaucracy in the world, while Dubai topped all global cities for its lowest tax rate, bustling construction activity and swift airport access, two prestigious surveys by international institutions revealed on Wednesday." The International Institute for Management Development also ranks the UAE as number one globally for low government debt, effective corporate boards, and quality of air transport. Dubai was also ranked seventh as an urban gateway due to its efficiency of its airport connections to central business districts for which it ranked first globally.
2/3. The UAE, Dubai in particular, is a very popular destination for businesspeople and travelers due to the ease of access to the cities, airports, and other amenities. The urban sprawl around the country occurred recently due to how young the country is and because of this, the UAE was able to engineer precisely how they wanted their cities to be laid out. This was not the case for places like Detroit, Chicago, and New York, all of which have been around for over a century. Those cities could not sculpt their sprawl, but only witness it as it grew and grew.
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