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Diversification and development of the UAE’s economy

Schilirò, Daniele (2013): Diversification and development of the UAE’s economy. Published in: Journal of Applied Economic Sciences , Vol. 8, No. 2(24) (July 2013): pp. 228-239.

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Abstract

This contribution examines the major features of UAE’s economy, its factors of strengths, undelying also its critical aspects. Furthermore, the work focuses on the crucial factors that characterize a diversified knowledge economy and indicates the policies that the economy of the United Arab Emirates must pursue in order to improve its performance and be a competitive economy at a global level. In addition, the paper seeks to identify new business areas for the diversification and development of the UAE’s economy.

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