New study indicates progress of UAE towards knowledge economy
Madar Research Group has published the first complete assessment of the United Arab Emirates' progress towards a knowledge-based economy. The 110-page United Arab Emirates Knowledge Economy 2006 provides an overview of where the seven emirates, individually and collectively, stand in terms of building the institutional, infrastructural and human resources components of a knowledge economy. It also outlines the roadmap the UAE is likely to follow in future as its leaders seek to create a niche for the country in the global economy.
The publication, which inaugurates a Knowledge Economy Series to be published periodically on Gulf Cooperation Council member states and other Arab countries, offers an easy read on a wealth of information, analyses and forecasts based on primary research data generated by Madar Research and secondary data gathered from official sources and global surveys from the World Bank and other sources.
The United Arab Emirates Knowledge Economy 2006 is testimony to the significant progress made in the UAE over the past few years as contrasted with that in Europe, according to Dr. Charles M. Savage, a Europe-based world authority on knowledge-based economy. "It seems as if Europe is abandoning its Lisbon Strategy, set in March of 2000, to 'become the leading knowledge economy by 2010'. It is a pity the business, academic and governmental communities in Europe are not watching the UAE more closely," he said.