Opaque politics and business practices seem to contribute to the recession's grave impact on Dubai, the Middle East's development wonderland.
While neighboring emirate Abu Dhabi is no more transparent economically or politically, the Economist argues it may soon be forced to bail out Dubai and the other members of the United Arab Emirates: Sharjah, Ajman, Umm al-Quwain, Ras al-Khaimah and Fujairah.
http://www.economist.com/world/mideast-africa/displaystory.cfm?story_id=13988540
Kang Chol-Hwan on the Dangers of Nuke-centric Policy
14 years ago
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