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07 May 2009
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Despite its lack of democratization and a genuine civil society, Dubai is now a booming metropolis of more than two million people, most of whom are expatriates benefiting from the city's increasingly diversified economy.
From an economic perspective, Dubai is important, mainly due to its promising diversification of its economy and its political stability.
"Dubai crisis" is relevant to its development model and geo-political factors. As long as the Government of Dubai enhances its transparency and overcomes the difficulties of economic development, it will continue to be an important financial center in the Gulf region with strong backing of Islamic finance.
Ignoring the spatial politics of development in Dubai makes it possible for space as a social product to mask the contradictions of its production, thereby reifying political and socioeconomic inequalities.
Unlike other national contexts such as Singapore, local inflections of neoliberalism in Dubai are governed more by notions of ethically “valuable” citizenship and authentic identity than by economically “valuable” citizenship.
For many South Asians, Dubai is now the global hub for both labor migration and reproductive exile, owing to the long history of South Asian-Arab Gulf transnationalism, as well as Dubai's reputation for specializing in all manner of "high-tech" services.
Over the last decades, Dubai has applied an economic developmental model which is strongly pro-business, emphasizes market liberalism and economic openness, and embraces globalization, while at the same time refraining from challenging the traditional neo-patrimonial leadership structure in the country.
It shows that Dubai has attracted and still attracts most attention in mainstream as well as social media.
Dubai is a good example of a rapidly developing city.

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