Authors
Amany A El Anshasy, Usman Khalid
Publication date
2023/1/5
Journal
Management & Sustainability: An Arab Review
Volume
2
Issue
1
Pages
47-66
Publisher
Emerald Publishing Limited
Description
Purpose
This paper critically analyses major shifts in the UAE's public and economic policy, particularly examining the transition from oil dependency to diversification and then to sustainability and resilience. It aims to provide insight into the facilitators, inhibitors and future of sustainable development in the UAE.
Design/methodology/approach
The paper reviews evidence on diversification resistance, the resource trap and sustainable development, and draws attention to the dynamics of policy reform in the UAE, especially after the COVID-19 pandemic.
Findings
The findings of this study indicate that not all patterns of diversification result in sustainable development and resilient economies. The evidence also suggests that achieving sustainable and resilient growth does not necessarily come at the cost of economic prosperity. After decades of extraordinary diversification, the UAE's economic policy has undergone a …
Total citations
2023202416
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