Beam Journal of Economic Studies
Volume 3, Numéro 1, Pages 360-375
2019-03-15
Excellent Model Of Economic Diversification From Uae
Authors : Kharroubi Mohamed . Meddas Ouahiba .
Abstract
This working paper aims to examine the main factors and strategies of economic diversification that have enabled the UAE’s economy to achieve an excellent leap towards enhancing local development and the diverse contribution of many economic sectors to GDP, such as agriculture, industry, tourism, trade, finance. Where it was able to provide a favorable environment and attract many foreign investors to these sectors, oil revenues played a leading role in shaping the success of this strategy, which was explained by the ranks it occupied in many international indices, and very advanced ranks in the Arab world
Keywords
Economic Diversification- UAE’s economy – Local development – Oil revenues
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