List of Figures ix List of Tables xiii List of Contributors xvii 1 Introduction 1 (18) Abdulrazak Al Faris Raimundo Soto 2 Macroeconomic Overview 19 (30) Ali Tawfik Al Sadik 3 Public Debt Management and Fiscal Sustainability 49 (26) Boaz Nandwa Ali Tawfik Al Sadik 4 Strategic Axes for the Development of Productive Business 75 (14) Michael Klein 5 International Trade: Potential and Policies 89 (24) Boaz Nandwa Raimundo Soto 6 Economic Linkages between Free Zones and Main Dubai 113 (21) Mahmoud Al Iriani Ibrahim Elbadawi Dhuha Fadhel 7 Competitiveness and Sustainability of Tourism 134 (28) Raimundo Soto 8 The Financial Sector: Performance and Issues 162 (27) Mohamed Trabelsi Dhuha Fadhel 9 The Retail Sector: Prospects and Potential 189 (24) Boaz Nandwa Hessa Al Ameemi 10 Education in Dubai: From Quantity to Quality 213 (24) Raimundo Soto 11 Labour Markets in Transition 237 (25) Raimundo Soto Yousif Rashid 12 A Primer on Dubai's Energy Sector 262 (29) Mahmoud Al Iriani Eshrak Al Maamari 13 Access to Land and the Investment Behaviour of Firms 291 (20) Ibrahim Elbadawi 14 Productivity, Efficiency, and Sustainability of Economic Growth 311 (19) Ibrahim Elbadawi 15 Main Lessons and Policy Recommendations 330 (10) Abdulrazak Al Faris Raimundo Soto Index 340