TITLE:
Cultural Dimensions of Economic Development: A Case of UAE
AUTHORS:
Gouher Ahmed, Aqila Rafiuddin
KEYWORDS:
Cultural Development, Cultural Dimension, UAE Cultural Dynamics
JOURNAL NAME:
Theoretical Economics Letters,
Vol.8 No.11,
August
22,
2018
ABSTRACT: Economic development, which is sought all over, is a
long-term increase in national and per capita income for higher consumption and
happiness. It may seem lacking in finer things that go under the name of
culture. As such, this study sets to examine the cultural dimensions of
economic development, with the case study of the fast-developed small nation of
the United Arab Emirates (UAE). The giant developing India is also drawn upon.
The objectives of the exercise are to find out the nature and dynamics of
economic development and its cultural dimensions or content and thereupon draw
policy implications regarding economic and cultural development. The
interesting conclusions that follow from the exercise are that, there are
invariable cultural dimensions to economic development and that a cultural
sector emerges in the course of economic development. More emphasis needs to
be given to culture in development policy and planning, without culture,
economic development is not wholesome, as the UAE is amicable of wholesome
holistic development.