Abu Dhabi: Oil and Beyond
Abu Dhabi: Oil and Beyond
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Author: Christopher M. Davidson
Condition: Like new
Hardcover
244 pages
Abu Dhabi is a new economic superpower that will soon wield enormous influence across both developing and developed worlds. The principal emirate of the United Arab Emirates federation commands over 8 percent of global oil reserves, has nearly $1 trillion in sovereign wealth funds to invest and is busily implementing a thoughtful economic master plan. It has also pumped huge amounts of money into culture, sport and infrastructural development in an attempt to eclipse even its ubiquitous UAE partner-Dubai-as an international household name.
Gulf expert Christopher Davidson's book charts the emirate's remarkable trajectory from its origins as an eighteenth-century sheikdom to its present position on the cusp of pre-eminence. Abu Dhabi's impressive socio-economic development, he offers a frank portrayal of a dynasty's dramatic survival, demonstrating the newfound resilience of a traditional monarchy in the twenty-first century and its efforts to create a system of 'tribal capitalism' that incorporates old political allegiances into modern engines of growth.
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