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Dubai is a small city-state that is part of the seven emirates that make up the United Arab Emirates. It is located in the Persian Gulf, specifically in a desert where temperatures can exceed 50 degrees Celsius in summer. Seventy years ago Dubai was a small and poor settlement of 30,000 thousand inhabitants and dependent on agriculture, fishing and pearl harvesting. It is also located in a region with historical conflicts and surrounded by hostile countries such as Iraq, Iran and Pakistan. Despite this, Dubai has undergone an impressive transformation in recent decades, managing to diversify its economy, where tourism, transportation, finance and real estate are the engines of growth.
How was Dubai able to wean itself off its dependence on oil?
Why was Venezuela's story so different from Dubai's?
What could affect the sustainability of Dubai's economic growth?
Music:
Whatdafunk by Audionautix is licensed Creative Commons Attribution (creativecommons.org/licenses/...)
Artist: audionautix.com/
#economíaydesarrollo #Dubai #Venezuela