Dubai Economics - Research Paper Example

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Dubai Economics

The City of Dubai, unlike many other Middle Eastern countries, is located in the heart of the Gulf for all commercial purposes. Overall this analysis focuses on the urban planning methodologies, infrastructure and structural flexibility intended to engender systematic and constant growth of the City over the years to come. Such huge urban planning activity necessitates national level efforts including organizational capabilities to face resource choices, i.e. how best to utilize a given amount of resources to maximize the benefits (Mills, 1979). Capacity utilization is another such effort. The existing capacity in the undeveloped city locales is no doubt limited by the space constraints. Many planners have pointed out that Dubai is very important for the whole region both as a tourist destination and an investment attraction. It’s against this context that Dhabi’s current level of urban planning and development must be considered.
Dubai has come up against many other emirates in the UAE as one of the most attractive destinations for foreign investment. Urban economics is basically about the spatial economic analysis that comes under a single branch of economics and thus focuses on the scarce resource allocation process on the land. However as the word urban implies it’s all about urban city centers as against expensive country landscape. Thus there is a particularly interesting aspect of urban planning activity. Dubai’s current level of development requires such an approach to understanding its developmental efforts. ...
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Summary

This paper deals with the economic situation in Dubai. According to the author of the text, Dubai with a landmass of 1,588 square miles is the second largest emirate after Abu Dhabi in the United Arab Emirates (UAE) and it has a population of approximately 2.3 million according to 2008 statistics. …
Author : jonathonwolff

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