Abstract

Abstract:

Asian countries are vital partners in the UAE's international cooperation for economic diversification in the post-Zayed era. After the UAE established diplomatic relations with China, India, Japan, and South Korea in the early 1970s and 1980s, robust cooperation in the energy and construction sectors have expanded to partnerships in the innovation priority sectors of renewable and clean energy, transportation, technology, education, health, water, and space in recent decades. As a rentier state relying on a resource-based industrialization (RBI) development strategy, enhanced state capacity, and a paradigmatic shift in the UAE's economic framework (from an allocation-driven approach to an innovation-centered development strategy) has strengthened bilateral interdependencies. At the same time, patterns of deepening economic interdependencies in the UAE-Asia relations and the wider Gulf-Asia relations raise important questions as to whether implementing innovation strategies has led to economic diversification. This research maps the enablers and drivers of the renewed economic diversification efforts in the UAE and discusses the implications of those efforts.

pdf

Additional Information

ISSN
2476-1419
Print ISSN
2476-1397
Pages
pp. 181-208
Launched on MUSE
2021-03-09
Open Access
No
Back To Top

This website uses cookies to ensure you get the best experience on our website. Without cookies your experience may not be seamless.