Post-oil Knowledge PDF
By:Michael C. Ewers
Published on 2010 by
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Utilizing a mixed-methods approach, this project consists of a four-decade analysis of historical and other secondary data analysis, a large-scale employment and human capital survey of foreign and local companies in the region, and key-informant interviews with human resource professionals in the UAE. Secondary data analysis identified a number of promising diversification efforts in the region, especially during the recent oil boom. Yet, these efforts have also stimulated demand for new forms of labor, knowledge and technology. In order to meet these demands, the region has deployed its oil wealth to attract foreign factors of production. Indeed, the Gulf States have sought to leverage their ability to access global human capital markets, learned through the experience of oil development, as a basis on which to construct a new competitive advantage. However, as a result, economic diversification has actually amplified the region's labor and human capital distortions.
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