Dubai Strategy: Past, Present & Future
Paper, Dubai Initiative, Belfer Center for Science and International Affairs, Harvard Kennedy School
Belfer Center Programs or Projects: Dubai Initiative
Dubai is a monarchy, with all power leading towards a single person. Dubai has non-transparent government financials. Dubai is situated in a region that is strife with conflict, fundamentalists, and hostile countries including Iraq, Iran, and Pakistan. Dubai is located in the desert where temperatures can reach 130°F in one of the most humid locations on the planet.
Yet, despite all this, Dubai, a tiny city-state, located in the Persian Gulf has undergone an impressive transformation over the last four decades, managing to shift their economy from that of fishing and trading to tourism, mass communications, shipping, and finance. Dubai has created for itself an image synonymous with luxury, multi-billion dollar real-estate ventures, 12 million visitors in 2005; and as Vanity Fair has described it, a “city on crack”.[i]
[i] “Dubai” Vanity Fair. Monday, May 29, 2006
- Dubai Strategy: Past, Present, Future (521K PDF)
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