Dubai: The Vulnerability of Success

Dubai: The Vulnerability of Success
by Christopher M. Davidson

Dubai: The Vulnerability of Success
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Book Summary Information

Author: Christopher M. Davidson
Edition: Hardcover
Audio: English (Unknown); English (Original Language); English (Published)
Published: 2008-06-30
ISBN: 0231700342
Number of pages: 390
Publisher: Columbia University Press

Book Reviews of Dubai: The Vulnerability of Success

Book Review: Impeccable academic treatise on Dubai
Summary: 5 Stars

This book is for the serious reader; it reads like an academic treatise--dense, magnificently researched with fascinating subject matter.

The first couple chapters succinctly cover the emirate's history. The following chapters detail the first free zone--Jebel Ali port--and the recent emergence of Dubai's diversified economy.

Chapter five concentrates of the distributed-wealth principle and Dubai's reliance on its rentier nature. The next chapter speaks of the paradoxes embedded in present day Dubai(the mix of East-West).

Dubai's relationships with the other emirates are explored in chapter seven, providing some really fascinating insights (who know alcohol was legal in Sharjah until Suadi helped bail the emirate out of its banking crisis in 1989?).

And the book concludes with a chapter on Dubai's naughty underbelly--gun running, terrorism, etc. Personally, I found it the least interesting chapter of the book.

One warning: if I hadn't lived in Dubai for a year before reading this book, it would not have resonated as strongly. Frankly, if you don't have a baseline understanding of Dubai, you may not get much out of it; the book is too dense and specific for a cursory understanding.

Summary of Dubai: The Vulnerability of Success

Dubai has a remarkable success story. Since its origins as a small fishing and pearling community, the emirate has steadily grown in strength to become the premier trading center of the Persian Gulf. It is also the locus of an exciting and innovative architectural revolution. Despite its lack of democratization and a genuine civil society, Dubai is now a booming metropolis of more than two million people, most of whom are expatriates benefiting from the city's increasingly diversified economy.

Following a detailed history, Christopher M. Davidson presents an in-depth study of Dubai's post-oil development strategies and their implementation during a period of near-complete political stability. Davidson addresses the probability of future problems as the need for sustained foreign direct investment encourages far-reaching socioeconomic reforms, many of which may affect the ideological, religious, and cultural legitimacy of the traditional monarchy. He also analyzes Dubai's awkward relationship with its federal partners in the United Arab Emirates and highlights some of the pitfalls of being the region's most successful free port-its attractiveness to international criminal fraternities, the economy of the global black market, and terrorist networks.

(7/13/08)

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