Risks Associated with an Interconnected Economy

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    Abstract

    The chapter will explore the security risks associated with the fact that the United Arab Emirates (UAE) has an economy which is highly interconnected with the global market: on the supply side, as a supplier of petroleum and various services to the international market and on the demand side, for goods, services and manpower to meet the needs of the domestic market. As such, the UAE is highly susceptible to fluctuations in the global economy which poses a number of risks to its economy and thus to the political stability of the country. A higher degree of economic diversification is one way to reduce this type of risk.
    Original languageEnglish
    Title of host publicationFacets of security in the United Arab Emirates
    EditorsWilliam Guéraiche, Kristian Alexander
    Place of PublicationLondon and New York
    PublisherRoutledge
    Publication date2022
    Pages99-108
    Chapter9
    ISBN (Print)978-0-367-45821-8
    DOIs
    Publication statusPublished - 2022

    Bibliographical note

    Copyright year is 2022

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