Palgrave Macmillan Home
Login or Register    Shopping Basket Shopping Basket
Search 
 
 
 
 
The Global Economic Crisis and Consequences for Development Strategy in Dubai
 
   Enlarge Image
 
 
The Global Economic Crisis and Consequences for Development Strategy in Dubai
 
 
Palgrave Macmillan
 
 
 
 
 
31 May 2012
|
£68.00
|Hardback Print on Demand
  
9780230391024
||
 
 
eBooks ebook on Palgrave Connect  ebook available via library subscriptions ebook on ebooks.com 
 
 


OrderHelpBox
                                                                                                                                              returns, payment and delivery


DescriptionReviewsContentsAuthors

This exciting and timely collection identifies and addresses the impacts of the global financial crisis on Dubai and the surrounding region. The issues are highlighted and analyzed by a group of distinguished scholars, focusing specifically on such issues as: Why and how the financial crisis happened and what its consequences are for the economies of the Middle East; defining the emerging global regulatory framework and the new financial architecture; the long term development strategy for the UAE / Dubai in the post crisis global economy; and the oil market and the global financial crisis.



Description

This exciting and timely collection identifies and addresses the impacts of the global financial crisis on Dubai and the surrounding region. The issues are highlighted and analyzed by a group of distinguished scholars, focusing specifically on such issues as: Why and how the financial crisis happened and what its consequences are for the economies of the Middle East; defining the emerging global regulatory framework and the new financial architecture; the long term development strategy for the UAE / Dubai in the post crisis global economy; and the oil market and the global financial crisis.



Reviews

"This book is a panoramic in its scope and a guide to the one of the most opened economies in the Arab region, i.e. Dubai's economy. The repercussions of economic globalization and financial crisis on macroeconomic management, economic policies, oil market, financial system, and real estate are well analyzed and written. I recommend the book for those who have heard about Dubai's experience and want to know more in depth." - Ahmed Al Kawaz, professor of Economics, Arab Planning Institute-Kuwait

'This volume comprises frontier research on the lessons and policy implications of the global crisis for the world at large and Dubai's development strategy and policies in particular. The book's original and policy-relevant contributions by world-known researchers add value to the understanding of the roots of the crisis and the required changes in macroeconomic, financial, and macro-prudential policies worldwide. The lessons drawn for GCC economies and for Dubai are based on deep knowledge about the latter economies and their exposure to the recent crisis. This timely volume should be read by international economists and Middle East policy makers alike.' - Klaus Schmidt-Hebbel, former chief economist of the OECD and professor of Economics at the Catholic University of Chile


Contents

Introduction; A.Tawfik Al Sadik & I.Elbadawi
Strengthening the Financial Architecture: The Unanswered Questions; B.Eichengreen
The Oil Market and the Financial Crisis; R.E.Mabro
The Global Crisis: Old and New Lessons for Macroeconomic Policy; A.Tawfik Al Sadik & L.Servén
Financial Crises and Real Estate Bubbles: Dynamics and Policy Responses in Dubai; B.Renaud
Sources of Economic Growth and Development Strategy in Dubai; I.A.Elbadawi and R.Soto
A Long-Term Strategy for Dubai Building on Innovation and Clusters; Ö.Sölvell


Authors

ALI TAWFIK AL SADIK is the Senior Economist and Project Manager at Dubai Economic Council. He received his PhD in Economics at North Carolina State University, USA, in 1975. He held several positions after graduation: Visiting Assistant Professor of Economics at NCSU, Chief Economist at the Organization of Arab Producing and Exporting Countries, several leading positions at the Arab Monetary Fund starting in 1979, and most recently director of Economic Policy Institute. He has published over thirty papers, authored a book on Arab Economic Integration and granted its publication rights to the Quds Open University in Amman, and edited eight books on various economic and financial topics.
IBRAHIM AHMED ELBADAWI is Director of the Economic Policy & Research Center at the Dubai Economic Council. Until February 2009 he was lead economist at the Development Research Group of the World Bank, which he joined in 1989; and previously he was an Associate Professor of Economics at the University of Gezira in Sudan. He holds a PhD in Economics and Statistics from North Carolina State and Northwestern University. His most recent edited book (with Samir Makdisi) is Democracy in the Arab World: Explaining the Deficit (2010).