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Dubai in Crisis

9-710-061
Résumé
On November 25th, 2009, the small city-state of Dubai shook financial markets across the planet when the Dubai World holding companies announced that it would ask its creditors to standstill its debts. After three decades of phenomenal growth, something had gone off the rails with Dubai's development model. What caused the trouble? Was it simply a temporary setback or a sign that the city-state's needed to change its business model? Could Dubai maintain its independence from Abu Dhabi in the wake of the bailout? And if the emirate's current model was not sustainable, then how exactly should it change? This case explores all these issues, in light of the Great Recession, the geopolitical context, and Dubai's history.
Public
Case
Secteur d'activité
Geographic Setting: United Arab Emirates
2010
Livraison par lien de téléchargement
16
Non

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