danben

Prior to economic development, the United Arab Emirates (UAE) was one of the least developed countries in the world. However, it has now reached income levels comparable to those of the most economically developed and industrialized countries. Oil revenues have allowed the country to skip various stages of development and focus on mass consumption, leading to the savings and capital accumulation needed for its economic development. The country's authorities have successfully pursued a policy of human development since the early 1970s, which led to the long-term economic development of the UAE, followed by industrialization, urbanization and modernization. http://www.confiduss.com/en/info/blog/article/uae-global-business-hub/