Tuesday, September 24, 2019
Politics KSN Research Paper Example | Topics and Well Written Essays - 3750 words
Politics KSN - Research Paper Example Later, Ras al khaymah joined the six States in 1972. The country has high GDP. It is comparable to some of the leading western Europeans nations. Due to its high oil revenue, high diversified economy and its moderate foreign policy is crucial in the affairs of the region. For more than three decades, UAE economy was driven by oil and global finance, however, in the recent past, its leaders have implemented broad economic focus. The economy has diversified to other sectors like mass communication, tourism, shipping and finance. Unlike many other of its regional peers, like Saudi Arabia, who have developed unstable and stagnant regimes, oil dependant economies, UAE has diversified its economy to become politically stable center for commerce. Consequently, UAE has resisted the regional economist analysis and were a clear outlier from the gulf(Lidstone and Digby 39) The development outcome created by UAE is quite unusual for the Persian Gulf. It is unique because of because of its liberal social altitude its economic dynamism and its political stability. In the country, people can openly wear out western style dress and alcohol consumption is widely accepted in contrast with Saudi Arabia, a different regional regime. There is a regional police, which enforces rigid social law among the expatriates. Unlike other neighbors, the power transitions within UAE government are smooth. In UAE, there are no violent domestic opposition movements. Moreover, finally the UAE economic development has outperformed Saudi Arabiaââ¬â¢s and other neighboring countries in term of sustained growth and diversification. This observation has led to the puzzle of this thesis: why has UAE defied the economist expectation and become so politically stable and economic developed. Why have its peers like Saudi Arabia failed to do so? Have oil curse and Arabs and Islamic culture that is expected to fail the development of the gulf countries
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