Essays on How Globalization and Regional Economic Integration Affects the Social Infrastructure Sector of Abu Dhabi Case Study

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The paper “ How Globalization and Regional Economic Integration Affects the Social Infrastructure Sector of Abu Dhabi” is a spectacular variant of the case study on macro & microeconomics. Regional integration refers to a situation when various nations agree to work closely and cooperate in achieving stability, peace, and wealth. Integration entails one or more documented agreements that highlight the cooperation areas in detail as well as the coordinating bodies that represent the involved countries. The cooperation between nations starts with the aspect of economic integration and later includes other aspects such as social and political integration (Espinoza, 2010).

Other aspects of regional and international integration that promotes the development of social infrastructure include sustainability, culture, connectivity, and transparency. The city of Abu Dhabi alongside other emirates has engaged in various economic agreements with different countries in Europe and the United States that enhance the development of social infrastructure (Ponzini, 2011). The economic aspect of integration facilitates foreign direct investment in the country, which promotes the migration of ex-pats from different nations worldwide to Abu Dhabi. In this case, the need for entertainment and leisure by the investors enhance the creation of social infrastructures such as hospitals, schools, museums, parks, and luxury hotels (Ponzini, 2011).

The aspect of education and cultural exchange facilitates the development of social infrastructure in the city (Nader, 2009). The need for students and tourists to examine the traditional practices and cultural activities of the city’ s residents has promoted the development of cultural centers in different parts of the city (Hvidt, 2011). Besides, the movement of tourists and foreign students to the city contributes to the rehabilitation of social infrastructures in the city.

The emirate of Abu Dhabi engages in regional and international agreements on the adoption of renewable sources of energy which has attracted investors and labor from various parts of the world (Abdelal, 2010).

References

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Davidson, C. M. (2009). Abu Dhabi: oil and beyond. Cinco Puntos Press.

Espinoza, R. A., Williams, M. O., & Prasad, A. (2010). Regional financial integration in the GCC (No. 10-90). International Monetary Fund.

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Hvidt, M. (2011). Economic and institutional reforms in the Arab Gulf countries. The Middle East Journal, 65(1), 85-102.

Nader, S. (2009). Paths to a low-carbon economy—the Masdar example. Energy Procedia, 1(1), 3951-3958.

Peeters, M. (2010). The changing pattern in international trade and capital flows of the Gulf Cooperation Council countries in comparison with other oil-exporting countries. UAE.

Ponzini, D. (2011). Large scale development projects and star architecture in the absence of democratic politics: The case of Abu Dhabi, UAE. Cities, 28(3), 251-259.

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