Saturday, June 15, 2019
Economic Tiger Feared Essay Example | Topics and Well Written Essays - 250 words
Economic Tiger Feared - Essay ExampleDubai developed to become an economic tiger by exploiting geographic, economic, and pitying factors in her environment. With the geographical location of Dubai being primarily a desert, this factor was a drawback in comparison to thriving economies of the world. In a bid to match international stage business trends, this factor was treated as strength by economic developers in Dubai. A favorable environment for investment drew international investors into Dubai. In the human factor context, the population in the economy comprises of both locals and internationals, thus enjoying a broad labor force in economic pursuits (De Blij, 2009). European Industrial regeneration and the revolution being experienced in India relate to relate to that of Dubai in terms of resource base, adequate labor supply and investment practices, and relatively horse barn political environment.Economic tigers should be tamed as opposed to being feared. This is because the ir vibrant economies are beneficial to other less performing economies. For instance, the developing economies take benefited from massive projects that are financed by tiger economies. On the same note, tiger economies can provide information and guidance on economic growth and development pursuits by sharing their strategies and policies with economies that have the potential to handle them. Other global powers that deem it necessary to tame tiger economies should engage in economic collaborations, sweet in practices that result in measures and policies that regulate rapid rates of economic growth and development to a point that outperforms many other economies around the
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