United Arab Emirates

United Arab Emirates Development Levels of United Arab Emirates United Arab Emirates (UAE) is among the most developed countries in the world with a very high Gross Domestic Product (GDP) in the Middle East. The country has very high human development index. Moreover, the country has been ranked among the highest growing economies in the world.Advertising We will write a custom report sample on United Arab Emirates specifically for you for only $16.05 $11/page Learn More Furthermore, the country has high per capita income than most developed countries (Zaman 4). The country has also high consumption levels both private and public. Moreover, the country enjoys a positive current account balances because of the high incomes from the oil sector. Contribution of Natural Factors and Human Capital The country has vast deposits of petroleum products that have been critical in the development of the country. Oil products usually fetch high income to a country and they have ready market throughout the world. Moreover, the country is situated in a strategic position that makes it a tourist attraction center. It is important to note that the country has invested a lot of money on the education sector. Graduates, high school dropouts as well as the adults are included in the program that is aimed at increasing the productivity of people (Rostin 6). This has been highly beneficial for the country. In addition, the government has heavily invested in research and development leading to increased development. On the same note, the government has implemented policies that has made establishment of companies very easy thus encouraging both local and foreign investors Effects of Environmental Externalities and Income Inequality UAE has invested heavily in the oil industry and many people work in this sector. This industry has led to the establishment of other industries that majorly come up to offer services to people who work in the oil industry. Moreover, the presence of o il in the UAE has been quite critical in the development of the manufacturing and service sectors that are very vibrant currently. These industries have been vital in enhancing the development of the United Arab Emirates. However, there is also the problem of pollution that results from the many industries that have been established (Bazoobandi 78). On the other hand, there is a lot of inequality in the UAE which hinder even development in the country. Some emirates have very low incomes and as a result, they are lowly developed compared to others. Furthermore, other people earn very high incomes and enjoy high living standards while others earn lowly leading to high disparities. Contribution of other Development Factors The country has very good transport system both road and air transport. Most of the places are connected through roads as well as by air. The country’s airline, Emirates airline, is among the largest airlines in the world. The country is also in the coastline and has one of the best ports in the world. Telecommunication sector is also advanced with many people having access to phone and the internet (Zaman 6). However, there are other emirates that have poor road networks due to underdevelopment compared to others.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The country adheres to the Islam rules and culture. Most people in the country observe the Islam code of dressing. Nevertheless, the country is tolerant to other religions given the fact that it has many foreigners working there. This has been a positive factor that attracts foreign expatriates to the country (Bazoobandi 83). Tolerance in religion and culture has also been advantageous in the development of the tourism industry. Nonetheless, the government still requires local majority ownership in every firm established in the country. This protectionist tendency has discour aged some potential investors who would not want to dilute ownership of their firm. Income inequalities have also contributed to imbalanced development both among people and among emirates. Development Assistance Given and Government Policy UAE issues a lot of money in form of foreign aid to developing countries and in case of disasters as well as during emergence cases. In year 2010, the country gave $792.2 million that comprised 2.7% of its GDP as foreign aid (Bazoobandi 79). On the same note, the country receives a lot of money in form of foreign direct investment with the oil industry being the largest beneficiary. Arguably, the government’s policy is aimed at increasing exports, a reason as to why investment is directed to manufacturing and the service sector (Aldosari 120). There have been efforts to advance the micro-credit finance to serve people but still many people cannot access the services. Moreover, small and inefficient institutions offer the services. Possible Solution to Achieve High Development Respect of human rights is crucial in attraction of investors. Consequently, the government will have to protect human rights in order to attract foreign investors. Moreover, the government should try to reduce the income disparities that have prevailed in the country to increase economic development. Furthermore, the country needs to enhance its efforts in diversifying its economy to avoid shocks in case of crises in the oil industry. More importantly, the government will have to revisit its stand on the local ownership of any firm established locally to attract more foreign investors. Aldosari, Ali. Middle East, Western Asia and Northern Africa. Singapore: Marshall Cavendish, 2007. Print.Advertising We will write a custom report sample on United Arab Emirates specifically for you for only $16.05 $11/page Learn More Bazoobandi, Sara. The Political Economy of the Gulf Sovereign Wealth Funds: A Case Study of Iran, Kuwai t, Saudi Arabia and the United Arab Emirates. New York: Routledge, 2013. Print. Rostin, Andreas. Structural Changes in the United Arab Emirates. Munchen: GRIN Verlag, 2007. Print. Zaman, Nadeem UZ. UAE and Globalization-Attracting Foreign Investments. Munchen: GRIN Verlag, 2011. Print.

Home Alone Quotes

Home Alone Quotes In the 1990 movie Home Alone, 8-year-old Kevin McCallister is accidentally left behind (via a series of unlikely events) while the rest of his family is on vacation in Europe for the Christmas holidays. Kevin believes the situation is due to his wish that his family would disappear, so (for some reason) does not seem alarmed, and doesnt contact the authorities. Unfortunately for Kevin, two bumbling robbers (played by Joe Pesci and Daniel Stern) are casing the neighborhood looking for homes whose occupants are away on vacation. They settle on Kevins house, but he prepares a series of booby traps to keep them from entering. Eventually, Kevins family returns and the bad guys get caught. The movie was a huge box-office success  and launched the acting career of child star Macauley Culkin, who played Kevin. It spawned four sequels, each increasingly more far-fetched (this family cant possibly abandon their child so frequently, after all).   Quotes From Home Alone Kevin: When I grow up and get married Im living alone! Did you hear me? Im living alone! Im living alone! Im living alone! Kevin: I made my family disappear. I made my family disappear! Kevin: Bless this highly nutritious microwavable macaroni and cheese dinner and the people who sold it on sale. Amen. Kevin: This is my house, I have to defend it. Kevin: Hey, Im not afraid anymore! I said Im not afraid anymore! Do you hear me? Im not afraid anymore! Kevin: You guys give up yet? Or are you thirsty for more? Kevin: Down here, you idiots! Come and get me before I call the police! Kevin: Will you please tell Santa that instead of presents this year, I just want my family back. Harry (first burglar): Merry Christmas, little fella! We know that youre in there and that youre all alone. Harry: You bomb me with one more can, kid, and Ill snap off your cajones and boil them in motor oil! Harry: Its too late for you, kid; were already in the house. Were gonna get ya! Marv (second burglar): Yeah, come on, kid, open up. Its Santa Claus... and his elf! Marv: Hes a kid. Kids are stupid. I know I was. Marley (Kevins elderly neighbor): You live down the street from me, right? You know anytime you see me you can always say hello, you dont have to be afraid. A lot of stuff has been said about me... none of its true. Kevin: No offense, arent you too old to be afraid?Marley: You can be too old for a lot of things, but youre never too old to be afraid. Kate McCallister (Kevins mother): This is Christmas, the season of perpetual hope. And I dont care if I have to get out on your runway and hitchhike. If it costs me everything I own, if I have to sell my soul to the devil himself, I am going to get home to my son. Kate McCallister: How could we do this? We forgot him.Peter McCallister (Kevins father): We didnt forget him, we just miscounted.Kate: What kind of a mother am I?Frank: If it makes you feel any better, I forgot my reading glasses.