The United Arab Emirate's (UAE) economic diversification efforts, both positive and negative, actual and proposed, should be used as a model for the other Gulf Cooperation Council (Oman, Saudi Arabia, Kuwait, Bahrain, Qatar and the UAE) members. A majority of the GCC countries rely heavily on oil and have underdeveloped non-oil sectors, the exception is the United Arab Emirates. The UAE began diversifying its economy long ago, and though oil is still the backbone of its economy, the non-oil sector is starting to successfully take shape. The other GCC members should use the UAE's economic program as a model so economic stability will not falter when the oil reserves are depleted.
| Identifer | oai:union.ndltd.org:ucf.edu/oai:stars.library.ucf.edu:honorstheses1990-2015-1665 |
| Date | 01 January 2007 |
| Creators | Upton, Danielle |
| Publisher | STARS |
| Source Sets | University of Central Florida |
| Language | English |
| Detected Language | English |
| Type | text |
| Source | HIM 1990-2015 |
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