Economic Development In The Uae Economics Essay

Economic Development In The Uae Economics Essay UAE United Arab Emirates as we call it has managed to become the regional trading hub of the middle-east along with being an enormously growing business capital. The country is also referred to as the wealthiest in the Region with the GDP per capital income of around $49500 (forecast 2011). The credit for much of the development goes to the oil and gas reserves of the country because the UAE has the third largest reserves of the OPEC. Even though the UAE is fairly dependent on oil as it comprises of 20% of the international GDP, yet the diversification measures are constantly taken to shift the economy away from being highly dependent on the Oil prices. This diversified economy of The UAE is definitely a success and a role model for the all the other economies in the GCC to follow. The vision of UAE is to become the best country in the world by 2021. (GCC) UAE VISION 2021 The vision of UAE is to be among the best countries on the world by 2021. They aspire to be united in knowledge, prosperity, destiny and responsibility. The vision 2021 portrays some of the responsibilities of the UAE government. UAE will introduce high quality global standard infrastructure, government services and recreational environments. Emiratis will benefit highly from customer oriented government services offered at the best quality. Excellent communication infrastructure will promote business networking and give them a leading edge when they interact with the world UAE Government Strategy 2011-2013 UAE government strategy highlights the main priorities of the government in the coming two years covering the period of 2011-2013. The strategy will act as a benchmark for federal entities to develop and their strategic plans. The strategy lays the foundation for the vision of 2021. The strategy is basically divided in to 7 general principles Enhance the role of national entities and in carrying out operative regulations and cohesive policies by successful planning and implementation. Enhance coordination and cooperation among National entities and local government. Focus totally on delivering high class, customer oriented and integrated government services. Spend in human resource competences and create and polish leaders. Encourage efficient resource management within the national entities and leverage the dynamic partnerships. Implement a culture of brilliance through strategic thinking, uninterrupted performance improvement and excellent results Encourage transparency and enhance the accountability mechanisms of the government throughout the federal entities. UAE is the second largest economy in the Arab gulf and it is consistently ranked among the fastest growing economies of the world. During the past 40 years GDP of UAE has grown tremendously from $6.5 billion in 1971 to a massive total of $1248 billion in 2011.which is roughly a 192x increase (The glorious four decades of the UAE). The per capita GDP of Dubai has increased from 100000 dirhams (1975) to 174000 dirhams in (2011). This outstanding performance has forced international organizations to rank Dubai among the top emerging markets in the world along with china, Turkey, India, Singapore, Russia, Malaysia and Brazil. The strategy for the diversification of income resources has proved successful. According to local and international report the steady economic growth has not solely resulted from energy production and exports of oil, as the case with other oil economies, it has resulted from diversifying sources of income and minimization on the reliance of oil. Many sectors such a s the financial services, logistics, tourism and other strategic sectors in the economy have not been favored by the government for the provision of oil. According to recent statistics oil contribution tom the GDP has decreased from 70% in 1971 to 29% in 2010. This approach portrays a massive achievement of the country in the area of economics because it portrays great contribution towards the stability of the national economy. According to the recent forecast by (IMF), the GDP growth of UAE is prone to rise from 3.3% in 2011 to 3.8% in 2012. It is also expected that the UAE will maintain a double figure surplus of around 10.3% in 2012. Environment has been rated as a potential component of The UAE development strategy, UAE has never overlooked the environment factor and has always regarded environment protection as a major goal of its sustainable development strategy. The government has addressed harsh desertification and developed water resources for increasing greenery. Agriculture has also been addressed thoroughly by the government of UAE, and the government has been successful in achieving goals despite the problem of scarcity and desertification. The main goal for the development and growth of agriculture sector has been the provision of food to the local economy. This is because the government regards it as being an element of national security. The industrial sector has also boomed a lot on the 21st century with investment in this sector amounting to DH101.12 billion in 2010 (IMF). Around 4960 industries have been established and the total number of workers employed has increased dramatically. This clearly portrays the vision of federal and local government to modify and develop the Industrial sector. Over the years UAE has managed to establish a modern infrastructure which solidly addresses the needs of public services for citizens and businesses. The infrastructure not only includes roads, power and bridges but also transcends to include, specialized and economic free zones. The free zones are more than 30 in number and are widely spread all over the emirates. The real estate sector at the Abu Dhabi and Dubai contributed heavily towards the transformation of the country (GCC). The real estate in these states has been referred to as the world renowned real estate front with new and modified concepts and green building. The tourism sector has also improved tremendously over the years. It was the record high in 2010 with the number of tourists reaching over 10 million. What majorly contributed to the tourism sector has been the strategic location and domestic flow of local and foreign investments in the sector. The investment size associated with tourism and infrastructure has been 47 billion Dh on average over the last 10 years. Presently the Dubai Airport is ranked as the fourth best Airport of the world. Conferring to the Travel and tourism competitiveness report of 2011 published by the world economic forum (IMF), the UAE was ranked 30 among the lot of 139 countries and was ranked first in the middle -east as the most progressive country in tourism and travel with the score of 4.78. The foreign trade accounts for 70% of the UAE Gross Domestic Product (GDP). The country has a wide network of trading partners around the world and it enjoys bilateral trade relations all of them. It is forecasted that the foreign trade will grow in excess of 25% after 2011, because of the massive improvements in the economic environment of the UAE (Trade). The UAE is among the largest exporter and importer countries of the world with exports of $235 billion and imports of $170 billion. The exports comprise of 2% of the total world exports whereas the imports comprise of 1.4% of the total world imports. The massive balance of payment surplus has benefitted the economy of UAE tremendously. Non-oil exports of the country have increased form Dh 2 billion in 1981 to Dh 27.4 billion in 2010. Dubai standard for 82% of the total nonoil exports of the UAE in 2010. Abu Dhabi comprised of 14% and Ras-Al-Khaimah comprised of 2.5% of the total nonoil exports in the UAE. The financial services sector (UAE) has also witnessed rapid growth in the past few years. An important role was played by the commercial and specialized banks of the UAE in sponsoring economic activity and trade in the country. Fifty one banks are currently operating in the country including 23 national banks. Financial markets have also contributed heavily in mobilization of domestic savings; the Abu Dhabi securities market and the Dubai financial market are figured as the main financial markets of the country. Dubai International financial market was also established to become the free zone for the most important financial centers in North Africa and the Middle-East. The government also invested its accumulated surpluses in international institutions such as the Abu Dhabi investment authority, and this contributed heavily to the countryà ¢Ã¢â€š ¬Ã¢â€ž ¢s domestic wealth (Suwaidi). When it comes down to competition UAE has achieved record figures in Arab and the international competitiveness field. UAE regards competitiveness as its most strategic direction. For the sake of this the government has established a council known as the Emirates competitiveness Council. The aim of this council is to improve the performance of the key sectors of the country and to ensure the wellbeing and good quality life for its citizens. The economic council of Dubai also setup the Dubai competitiveness center. The aim of this center is to kind Dubai as the utmost competitive city in the world. Abu Dhabi department of economic development has also established a competitive office. All these bodies work together for the national economy which is taking a lot of strides to include UAE among the best economies of UAE till the year 2021. UAE is now ranked among the top in the competitive group. It is ranked third in the Arabs world and twenty seventh worldwide (Jones). The main competitors of UAE in the Arab world have been Saudi Arabia, Kuwait, Oman and Egypt to say the least. The global competitiveness report has allotted high rank to the UAE for the past three years (2011-2012). UAE leads the list of emerging markets that includes India, China, Russia and Brazil. E-Government in the UAE. The federal egovernment project started in the UAE in the year 2001 when the ministry of finance carried out the edirham. It was the first eservice that helped the electronic payment for accessing the federal government services (Interact).Since then, many of the federal and local level entities have launched eservices that have proven to be time efficient and cost efficient and the government is also experiencing reduced operational costs and increased efficiency In offering the services. The egovernment strategy was then setup in 2003. IBM helped to conduct an evaluation study for the development of the executive plan. The ministry of finance started an operational plan for e-government in 2004. The memorandum of understanding was signed between Etisalat and the government to provide infrastructure for e-government in March 2005. Then finally in june 2008 the TRA passed a resolution to develop a plan for IT in the federal government. Federal E-GOVERNMENT Plan 2012-2014 The vision of the federal government of the UAE 2012-2014 plan is to maximize the competitiveness of the UAE by the provision of world class practices in all the areas of E-government. The federal E-Government plan development is dependent upon a strategic framework consisting of three dimensions. The dimensions include E-Services, E-readiness and the ICT environment (Interact) E-Government has been successfully launched in the UAE and is operating at local levels as well. six out of seven emirates including Abu Dhabi, Sharjah, Dubai, Ajman, Fujairah, and Ras Al Khaimah. All of them have launched their official portals. E-COMMERCE in the UAE The E-Commerce is responsible for overseeing the implementation of the E-commerce Law and the services of certification in the UAE. It promotes adherence to the regulations and laws which enables safe and secure E-commerce transactions. The ultimate mission and target of E-commerce department is to promote economic development and technological advancement and innovation within the defined limits of a just e-commerce regulatory regime totally in line with the global standards (Aya). It also aims to establish a regulatory and licensing regime that will be responsible for providing optimal development and encourage innovation, growth, competition and massive investment in the UAE ICT and the ecommerce sector, via implementation of the best global practices and standards while responding to the market needs and local consumers. THREATS TO THE UAE ECONOMY UAE economy is not perfect as yet and is still not the number one economy of middle-east. It has to strive hard in order to be more competitive in the region. The economy of UAE is facing heavy competition from Saudi Arabia and Egypt. Saudi Arabia has a lot of oil reserves and many seaports for international trade. The competition is intense. UAE has just managed to pass both Saudi Arabia and Egypt in the UAE (Abdul Basit) but it is still not enough to get a comprehensive lead in the economic standing of the region. Some of the recent threats to the UAE economy has include the recent Euro Crisis in Europe. IMF has issued a warning to the UAE that it could be hit by the worsening situation in Europe after the recent news of Spain seeking a 100 billion euros bail out. Other threats to the UAE economy include the heavy government subsidies by the government in the UAE and its agriculture sector. The obsolete tax system is ranked as a potential threat as well because it is very different from the tax system around the world. Job cuts in the Expanding UAE economy have also been listed as a potential threat to the economy as a whole (Bundhun). Diminishing Oil reserves in Dubai is also an issue that needs to be taken into account. Although UAE has been pretty successful in shifting from oil to nonoil exports, yet the focus should be on decreasing the oil exports further to create a provision for diminishing oil reserves. The emerging economic world powers in the world include China, India, Turkey, Russia, Brazil to name a few. UAE is a trading partner to china and the importance of trading partners is every high because china is also among the fastest growing emerging economies today. USA is going through a a bad patch right now because of its deteriorating economic conditions, but it is a strategic partner of UAE in trade and infrastructure. American goods and services discover a ready market here provided they bring a technological superiority or a new feature. Along with that US is also among the biggest competitor of UAE because of its high quality products with latest technology and after sales service. The competition is intensely high and UAE will have to focus on the quality and after sales service to compete effectively in the future (Interact). CONCLUSION Looking at all the recent developments and the achievements of UAE, it is true to say that UAE has been acting like a champion in the past decade with constant innovations and increased international trade. The introduction of E government and E commerce has helped the domestic economy lot in everyday life (Aya). The main focus of this system by UAE was to accelerate continuous in the economy. The International standing OF UAE has also improved a lot and it is now ranked 27th in the world and third in the UAE (Jones) which is no less than a milestone for them. The dependency on oil exports has increased and non-oil exports now comprise of more than 70% of the total exports, Dubai being the highest contributor in the non-oil exports sector. This will also prove to be an Asset for UAE in the times of oil crisis. The manufacturing sector of the economy is also booming and is now ranked as the number one manufacturing sector in the UAE. With all these milestones and achievements it is no t hard to believe that UAE will be among the best economies of the world till 2021.

The Instability of Female Quixote Essay -- Don Quixote Essays

The Instability of Female Quixote  Ã‚  Ã‚        Ã‚  Ã‚   In â€Å"The Female Quixote,† the whimsical nature of fiction is not just a barrier to social acceptance, but an absurdity. Following popular notions of the time, fiction is presented as a diversion and an indulgence that cannot be reconciled with reality and threatens the reader’s perception of actual experience. The theme is common, as is evident through the basis of this novel, Cervantes’s â€Å"Don Quixote,† and other works such as â€Å"Northanger Abbey† by Jane Austen. The story is a series of examples of what not to do, acting as both a cautionary tale and conduct guide. But there is a fundamental instability in the work resulting from the opposition of the moral and the means in which it is presented. The intention of the work is to depict the error of confusing fiction for reality, yet does this through fiction. The reader is expected to believe in the validity of the story’s moral, which is not to believe in stories. A work that denies its own foundation cannot function, and this remains true for â€Å"The Female Quixote.†Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   But this contradiction can only exist if there is clearly an instructive message within it. In this novel, there is no question of the negative influence of romances, only how ridiculous it makes the main character, Arabella, seem. And just how irrational is she? For the vast majority of the plot, she believes she is living inside a classical romance novel rather than 18th century Britain. She mistakes the true intentions of almost every character she meets, transposing their equivalent in courtship stories such as Cassandra, Cleopatra, Artamenes, and Clelia onto their actual selves. Because she has no aesthetic distance from romance novels and sees the motivat... ...other level of â€Å"The Female Quixote,† contradict. When the purpose rejects the basis on which it is built, the entire structure must collapse. Therefore, as entertaining as the work may be, it essentially fails through denying its own existence.             Works Cited Lennox, Charlotte. Ed. Margaret Dalziel. â€Å"The Female Quixote or The Adventures of     Ã‚  Ã‚  Ã‚   Arabella.† Oxford University Press: Oxford, 1989.   Merleau-Ponty, M. Trans. Colin Smith. â€Å"Phenomenology of Perception.† Routledge & Kegan     Ã‚  Ã‚  Ã‚   Paul: London, 1962.   Sawicki, Marianne. The Internet Encyclopedia of Philosophy. â€Å"Edmund Husserl (1859-1938).†Ã‚     Ã‚  Ã‚  Ã‚   1996. Stewart, David and Algis Mickunas. â€Å"Exploring Phenomenology: A Guide to the Field and its     Ã‚  Ã‚  Ã‚   Literature.† American Library Association: Chicago, 1974.   

Fluorine

The Element Fluorine Fluorine is an element that appears in the periodic table. It is apart from the halogen series. It appears in group 17 and period 2. It is important to understand its structure ,physical , and chemical properties. Fluorine is the 13th most abundant element on earth and is very important to earth today. Fluorines mysterious structure reacts vigorously with itself and other elements making things that impacted our technology, history, and daily lives. Fluorine is the chemical element of atomic number 9, a poisonous pale yellow part from the halogen series.It is the most reactive element and is composed of diatomic molecule F2. Fluorine was discovered in 1886 by Joseph Henri Moissan, who also produced the first artificial diamond. The element Fluorine has nine protons and electrons and ten neutrons. Fluorines atomic mass is 188. 998404 amu. Fluorines atomic number is 9. Fluorines density at 293 K is 1. 696 g/cm. That makes fluorine about 1. 3 times as dense as air. The electron configuration of Fluorine is [He] 2s2 2p5. Its crystal structure is cubic. To continue Fluorines name origin came from the latin word fluo (flow).Fluorine went through a long process before being discovered. Georgius Agricola german mineralogist in the 1530s described the use of the mineral fluorspar in metal refinal. â€Å"Fluor† in fluorspar is where fluorine got its name. Although Agricola didn't realize fluorspar was a mineral of Fluorine. During that time Fluorspar became an intense subject to chemist. Around the1800s chemist carried out experiments on fluorspar in attempts to isolate fluorine. However they failed to do so , instead produced what we call now hydrofluoric acid, a deadly acid.Carl Wilhelm Scheele studied and set off intense work to the acid and its composition. All chemist knew already that there had been a never before seenelement. However little did they know the element they were searching for was dangerous. In attempts to isolate fluorine led to bindings and many fatalities. A chemist named Belgian paulin louied died from exposure to the chemical. Finally in 1988 fluorine was isolated. Moissan made a solution of hydrofluoric acid by putting it in potassium hydrogen fluoride. He cooled the solution to  ­23 and passed it through an electric current.And then finally the gas they been searching for, for decades appeared. Henri Moissan received the 1906 Nobel prize in chemistry for his great achievement. Fluorine has any different complicated physical properties. Did you know that glass, ceramics,carbon, finely divided metals, and even water burn in fluoride. Fluorines has a boiling point of  ­188. 14 c and a melting point of  ­219. 62 c. When not pale white, yellow, or colorless Fluorine is fluorescent. â€Å"Most common substances like fluorine exist as states of matter as solids,liquids,gases, and plasma† (fluorine properties).Fluorine has a pungent sharp strong smell that can be detected in very small amo unts, as low as 20 parts per billion. In liquid form fluorine is freely soluble in liquid oxygen and ozone. Fluorine is the most chemically reactive element and the most electronegative. Fluorides chemical element is F. Fluorine is highly poisonous and explosive. That is why it took 74 years of continuous efforts to isolate the dangerous and corrosive element. When fluorine is mixed with water it reacts explosively on the contrary fluorine cannot mix with oxygen. To continue fluorine is heat resistant however very flammable.Fluorines electronegativity according to Pauling is 4. Fluorines 1st ionization energy is 1680. 6 jk mol ­1. The second is 3134 kj mol  ­1 and the third is 6050 kj mole. It combines easily with every other element except helium, neon, oxygen , and argon. That is why element must be handled with extreme care. Furthermore fluorine may be a pale white highly destructive element however it is very useful to the world and important to economy and technology. It ha s many commercial, industrial, and medical uses. Did you know that fluorine is used in rocket fuel, it helps the oxidizer in rocket fuel to burn.To continue isotopically fractionated uranium is created with the help of fluoridated compounds, which is a very important step in uranium purification in Dover plants. Fluorine is also used in melting metals to make lenses for focussing infrared radiation. Without fluorine teens and children of our era would always be bored. Fluorine is also used in the production of computer chips, micro electronic sensors, and television screens. One of the most common uses of fluorine is that it is found in toothpaste and mouthwash. It helps prevents tooth cavities and and dental decay.Fluorinated compounds help in the production of polymers in plastics. It's used to make polytetrafluorethylene and manufacture retractable roofs. Fluoridated compounds are found in refrigerators, air conditioners, and spray cans. They are used to replace chlorofluorocarbo ns or CFCS, which are very dangerous for the ozone layer. Furthermore Fluorine is used for glass etching meaning creating art on the surface of glass . It is also used to obtain pure aluminum. When going into surgery and being put to sleep fluorine is needed. It is used in inhalation anesthetics.Furthermore fluorine is also used to mark light bulbs and in the purification of water supplies. Fluorine is a huge importance to nature and humans. It keeps our water safe to drink and shower with. Imagine without fluorine our teeth would be rotten and water supplies would be polluted. Traces of fluorine are present in bones, teeth, thyroid gland and skin. Fluorine is also said to prevents diseases from decaying the body. â€Å"It is a germicide, and acts as an antidote to poison, sickness, and disease† (fluorine and importance of nutrition). fluorine is found in a great variety of foods and provides nutrients.

How to Write a Management Research Paper

How to Write a Management Research Paper A Management research paper, just like a piece of work devoted to any other discipline, should be well thought out. Your first and foremost task, while composing a management research paper, is finding the appropriate approach or â€Å"angle† for your investigation. First, decide on the topic of your paper. It should be interesting for you as well as for the readers. A â€Å"life† or contradictory topic may draw a larger circle of readers to your research paper. Try to select a topic that is not too narrow or specific. In this case, you risk not finding sufficient information related to the topic. After you find the main flow of the investigation, you may proceed with deciding on the paper format, its methodology, content, and word limit. These aspects of your management research paper, as well as the schedule for composing it, are to be discussed with your scientific advisor or tutor. The focus of your research paper will define the entire range of techniques and the methodology you will apply. As it is generally accepted, all research methods fall into qualitative (objective) and quantitative (subjective). Surely, it is good to combine the methods of two groups and use both numerical indicators (better presented visually in the paper) and descriptions. A management research paper may involve the following methods of investigation: observation; focus groups; case study; interviews, surveys, questionnaires, check-lists; documentation review, etc. You need to select the methodology based on the peculiarities of the chosen topic. Remember that careful data collection and analysis is the key to a successful management research paper. Your personal evaluation, in most cases, is not appropriate. You only need to present objective information and â€Å"naked† facts – they are more silver-tongued than anything else on Earth. Also, including tables, diagrams, charts, or any other visualization elements into the bare narration will add weight to your research paper. The summary and results of the paper are to be presented in its conclusion. This is the most important part of the paper, so it requires additional attention from you. In most cases, tutors and professors apply the unspoken rule of research paper reading – looking through the introduction and conclusion only. So, sometimes the entire impression of the investigation is formed only on the basis of these components. This is the main reason why the beginning and the end of your Management research paper should be as powerful and well-written as possible. Finally, proofread and check the paper for mistakes before you consider it finished. This will require more time, but will definitely reflect positively on the readers overall impression about the paper.