AbstractsEconomics

An analysis of Dubai's socio-economic development strategies and performance between 1998-2008

by Paul Anthony Thompson




Institution: University of South Africa
Department:
Year: 2014
Keywords: Rentier; Developmental; Competition state; Emiratisation; State-led capitalism; Dubai strategic plans; Dubai model and Emirate
Record ID: 1475891
Full text PDF: http://hdl.handle.net/10500/13261


Abstract

This study explores the socio-economic development path of the former Trucial State of Dubai, now an economic powerhouse within the Federal State of the United Arab Emirates. This thesis emanated out of the researcher’s need to understand the development trajectory of Dubai from the perspective of a development discourse, as literature and debates on the city’s developmental trajectory have generally focused on micro-and macro-economic variables and a sectoral emphasis without considering the total and complex development matrix. The author proposes a rentier, developmental and competition (RDC) Model as a basis for understanding the state-led social and economic development of the Emirate of Dubai. Empirically, the study examines a whole raft of home-grown social and economic development policies that fall exclusively within the domain of the Dubai Strategic Plans (DSPs). Conceptually, the thesis argues that although the Dubai Inc model has successfully changed the socio-economic landscape of the Emirate, nevertheless, a soft underbelly of the model displays the exploitative nature of unbridled free market capitalism. Methodologically, triangulation backed up the qualitative research methodology by utilising a mixed-methods approach to enhance the richness of the research. Specific data collection methods used included in-depth semi-structured interviews and non-participative observation, supported by documentation analyses of relevant documents. The research findings unambiguously demonstrated that the socio-economic transformation of Dubai, between 1998 and 2008, was a result of the aforementioned hybrid model, which this thesis uses as its theoretical framework. The conclusion drawn from the study is that there is no one path to development; the Government of Dubai is cognisant of that and has thus used the capacity of the state to transform the once impoverished and marginalised sheikhdom into a ‘commodified’ city-corporate entity.