How Dubai focus the world’s eyes
When we occur to Dubai, the first thing came to our eyes is the Sail Hotel, the amazed man-made island and the rich king. In the world of Arabia, why can Dubai gather the world’s eye? What makes it so special?
When we talked about Dubai’s economy, we can not ignore the special position and history. Dubai lays in the east Arabia Peninsula with 734 km seashore. The weather there is hot and sunny most of the day. This special place is rich in oil, which we called gold. In the old day, Dubai was charged by the family of Maktoum, and after 1852, Marktoum became the headman, and started the dynasty to rule the country. In 19th, Dubai began to open its’ policy and release the restriction to foreign country. And in 1960, it was discovered to have oil. Dubai was under a bright future. Benefit from the ruler and its special resources, Dubai became a rich country.
After some exploration, I can figure out some aspects that can explain the development of Dubai. They are the special position, the free market, the good infrastructure and the stable policy.
First, the special position gives Dubai many resources, including the oil, the traveling resource and the transportation advantage. The transfer of oil makes more money came into the Dubai’s pocket and develop its’ transfer situation. And the beautiful scenery give Dubai a chance to develop its’ tourist industry. The government do not care how money they have spent onto the sea, they have expand the way the absorb money. We all know that the oil industry can not support the economy all the time, the Dubai know the development the diverse of economy. As the development of tourist industry, more hotel and more market were found there, and the country has more tax to develop its’ infrastructures. What’s more, because Dubai gulf connect with the Asia, Africa and Europe, it makes Dubai plays an active role during the trade and convenience for the marine transfer between the east and west part.
Second, the free market and diverse policy makes Dubai a more developed country. The free market system encourages the native capital and foreign capital to the area of business, industry and service trade. The international trade is much more active than any other country. Because of that, Arabia is like a magnet that absorbs the money to find the quickest and most profits. This free market makes Dubai a country relay on the foreign capital a lot. The tax free policy makes this country’s trade activities became a country important mainstay. In this policy, Dubai has raise a high water in interacting investment and building new city. Under the situation of fulfill the citzen’s life quality, Dubai try to use the most favorable social and the nature resources to build a new Dubai.
Third, after decade years of development, the infrastructure of Dubai owns a series of infrastructure project. And it does help a lot.
Forth, Dubai has a strong ruler. Though many people said that we can not stand the feudality, however when we meet with a good ruler, it is quite different. The king provide all kinds of life welfare and job opportunities, they provide the citizen with free place, free medical treatment, free education fee. This policy makes the citizen be loyal to the country and produce a stable environment for the economy. Though Dubai does not have the tradition of modern democratic politics, the bay area’s traditional absolute monarchy has successfully make the area develop a lot and keep the politics stable. That’s one of the most successful point the Dubai headman has made.
Dubai did in a good situation and has much good policy. But the financial crisis let Dubai know that there are many problems exist. The shrink of money, the inflation caused by the foam, the lose of visitors makes Dubai’s future unknown. At this time, can the king make an effort again is to be wait.
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