The Economy of Dubai

by Al Faris, Abdulrazak; Soto, Raimundo

• ISBN13: 9780198758389
• ISBN10: 0198758383
• Format: Hardcover
• Copyright: 2016-03-28
• Publisher: Oxford University Press

Author Biography

Abdulrazak Al Faris, Deputy Secretary General for Economic Affairs, Dubai Economic Council,Raimundo Soto, Professor of Economics, Department of Economics, Pontificia Universidad Catolica de Chile

Professor Al Faris is Deputy Secretary General for Economic Affairs at Dubai Economic Council. He has held several academic and official positions, including Professor of Economics at UAE University, Associate Dean for Scientific Research at the College of Business, UAE University, Alternate Executive Director at the IMF (1999-2001), and Visiting Scholar at the University of Oxford, MIT, Dundee University, and OPEC. He has also held several governmental positions in the UAE, including Assistant under Secretary for Planning, Ministry of Education. In addition, he has worked as a consultant to UNDP, Crown Prince Court (Abu Dhabi), Ministry of Economy, National Assemble, Dubai municipality, Department of Economy (Dubai), and Economic Advisor to Federation of Chamber of Commerce and Industry, and Tanmia. His research interests include energy markets, labour markets, poverty, and macroeconomics and public finance. He has published 14 books, and numerous articles in international journals.

Raimundo Soto is Associate Professor of Economics at Pontificia Universidad Catolica de Chile. Professor Soto specializes in macroeconomic theory and econometrics and has published extensively in international journals covering long-run growth, exchange rate misalignment, and monetary policy, as well as corruption, resource curse, institutions, and labor markets. He has been visiting scholar in institutions in the US, Europe, Asia, and Latin America and international organizations such as the World Bank and the Federal Reserve Bank of Minneapolis. Professor Soto served as President of the Chilean Economic Association and, between 2010 and 2012, he was Director of International Development at the Dubai Economic Council.

Table of Contents

1. Introduction, Abdelrazzak Al Faris and Raimundo Soto
2. Macroeconomic Overview, Ali Tawfik Al Sadik
3. Public Debt Management and Fiscal Sustainability, Boaz Nandwa and Ali Tawfik Al Sadik
4. Strategic Axes for the Development of Productive Business, Michael Klein
5. International Trade: Potential and Policies, Raimundo Soto and Boaz Nandwa
6. Economic Linkages between Free-Zones and Main Dubai, Mahmoud Al Iriani, Ibrahim Elbadawi, and Dhuha Fadhel
7. Competitiveness and Sustainability of Tourism, Raimundo Soto
8. The Financial Sector: Performance and Issues, Mohamed Trabelsi and Dhuha Fadhel
9. The Retail Sector: Prospects and Potential, Boaz Nandwa and Hessa Al Ameemi
10. Education in Dubai: from Quantity to Quality, Raimundo Soto
11. Labour Markets in Transition, Raimundo Soto and Yusuf Rashid
12. A Primer on Dubai's Energy Sector, Mahmoud Al Iriani and Eshrak al Maamari
13. Access to Land and the Investment Behaviour of Firms, Ibrahim Elbadawi
14. Productivity, Efficiency, and Sustainability of Economic Growth, Ibrahim Elbadawi
15. Main Lessons and Policy Recommendations, Abdelrazzak Al Faris and Raimundo Soto