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A Political Economy of Free Zones in Gulf Arab StatesThe Dubai Model and UAE Free Zones

A Political Economy of Free Zones in Gulf Arab States: The Dubai Model and UAE Free Zones [Dubai’s expansive free zone system is considered a model for regional and global free zone development. However, the establishment and growth of Dubai’s flagship free zone at Jebel Ali in the 1980s and 1990s occurred alongside the emergence of other free zones in the hydrocarbon-scarce northern emirates. The commercial success of Jebel Ali was not guaranteed, and Dubai had several political objectives for its first free zone. In the early 2000s, Abu Dhabi’s government began aggressively promoting free zone development in the oil-abundant, capital emirate. Without a federal mechanism for coordinating free zone development across emirates exercising a large degree of economic policy autonomy, these commercial entities proliferated drastically during the high-growth years of the early 2000s. The consequent development outcomes included successful business clusters and commercial flops.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A Political Economy of Free Zones in Gulf Arab StatesThe Dubai Model and UAE Free Zones

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Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021
ISBN
978-3-030-71273-0
Pages
49 –87
DOI
10.1007/978-3-030-71274-7_3
Publisher site
See Chapter on Publisher Site

Abstract

[Dubai’s expansive free zone system is considered a model for regional and global free zone development. However, the establishment and growth of Dubai’s flagship free zone at Jebel Ali in the 1980s and 1990s occurred alongside the emergence of other free zones in the hydrocarbon-scarce northern emirates. The commercial success of Jebel Ali was not guaranteed, and Dubai had several political objectives for its first free zone. In the early 2000s, Abu Dhabi’s government began aggressively promoting free zone development in the oil-abundant, capital emirate. Without a federal mechanism for coordinating free zone development across emirates exercising a large degree of economic policy autonomy, these commercial entities proliferated drastically during the high-growth years of the early 2000s. The consequent development outcomes included successful business clusters and commercial flops.]

Published: Apr 14, 2021

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