Without oil directing the world's attention, Dubai is like Vegas without cards. I don't believe Dubai is going to last if it can't achieve what it is attempting. But even if it does, the rest of the region (removed from coasts) is where our troubles are going to spawn (as they do now). I don't see any government north of Mecca looking to create Dubais.
We must also bare in mind not every society is based on capitalist principles, and its not always useful to compare.
Because embracing oil as the only true export is exactly why they are failing as a region. Japan has the Honda, etc. America has the Dodge, etc. Germany has the Mercedes, etc. But cars are just an example. There's Casio, Pringles, Yamaha, French Wine, Hollywood, Canadian/America/British music, NFL, European soccer, etc. All these things are connecting everybody into a larger community of business and opportunity.
Nations all over the world have found multiple ways to produce and export goods to other nations to be a part of the international community of commerce and trade. The booming economies also happen to be home to the greatest educational institutions. The greatest educational institutions also happen to be home to the most successful people. The most succesful people create the BMWs, Fords, Harvards, Space Shuttles, Electronic chips, medicinal/dental equipment, civilian/military aircraft, engines, IBMs, etc. It's a cycle that starts with a certain mind set. It's a mind set that the Arab Middle East shared under the Abbasid Dynasty (Golden Age of Islam).
Everything is connected....except the Middle East where oil remains their only contribution to the world. And it is running out. Virtually everything in your vision comes from everywhere except the Middle East. Even oil and petroleum products, which comes from Middle Eastern oil, is manufactured elsewhere. If we consider the turmoil and rage that exists between tribes today bad enough, we should consider an ignorant, religiously invested Middle East without the West's money coming in.[/QUOTE]
Sorrry the quote went wrong, everything from here is mine
On the whole, i dont think we are necessarily disagreeing. But to expand upon what i stated not every country is based on our capitalist principles. Their whole ideology is different its like comparing 'chalk and cheese'.
Dubai is a 'man made' product for the sole purpose of fulfilling westerners excesses and extravagance. It could and probably will be copied in other parts [if it becomes a success]
I have emboldened one sentence, perhaps they are not inclined to assimilate in the practises of our cultures? And is that a bad thing?
We must also place at the forefront of our analysis of what it must be like to have your countries GDP based around 99.99% of one product 'oil'.
Paul