The UAE is one of the most influential and prosperous countries in the world. Therefore, it has many competitors in the global arena. The following paper is intended to analyze and compare both Japan and the UAE regarding these states’ national competitiveness, innovations, and cultural factors.
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The United Arab Emirates Analysis
The UAE occupies the seventeenth place in the Global Competitiveness Index ranking graph. According to the statistical data, the most developed spheres of the state’s economy include infrastructure (the most important pillar), health and primary education, and technological readiness (World Economic Forum 2016b, para. 1). The UAE also remains the world’s oil production leader.
Unfortunately, the innovation rate of the UAE is not considered to be one the best in the world as it occupies the twenty-fifth place among other countries. However, the index of the UAE in the given pillar has been increasing for an extended period. Therefore, the state has an opportunity to be included in the top list of seven countries.
It is a well-known fact that Islamic nations have their specific culture that remains one of the most popular in the world. Even in the age of globalization, the UAE inhabitants follow their ethnic traditions. In turn, the representatives of other nations respect the local population’s beliefs and customs.
Japan occupies the ninth place in the global competitiveness rating. The most developed spheres of this country include infrastructure, health and primary education (the most important pillar that influences this economy), and market size (World Economic Forum 2016a, para. 1). The eastern country is considered to be the most futuristic and technological Commonwealth on the planet.
Japan occupies the eighth position in the global list of innovations. The country is known for its industry of high-technologies export products. Unfortunately, this state lacks only one stage to be on the top list of the world’s leaders.
Japanese culture is popular and hence, is intensively studied by many other nationalities. Various martial arts of the local origin are widespread around the developed countries. This Commonwealth’s traditions and commons are respected in European territories as well.
Recommendations to the UAE
A sound recommendation to the United Arab Emirates government would be to focus on various industries of the country’s economic system. The state obtained financial independence because of oil production and export. However, the value of the given resource is claimed to drop down significantly within the next fifty years. To remain a successful and developed Commonwealth, it is essential for the local politicians to invest national finances in other industries and spheres. For instance, education, tourism, car manufacturing, and other facilities that are intended to increase the UAE’s popularity in the future.
To remain competitive with the world leading countries, the United Arab Emirates government has to contribute to the world’s science and develop space programs. Not only these factors make any nation respectable – they also provide a permanent wealth to its citizens. When scientists make new inventions and successfully sell them or implement on the global markets, the state is likely to receive financial rewards for various engineering decisions of its citizens for an extended period.
After analyzing several countries that occupy the top places in the Global Competitiveness Index ranking graph, it is possible to see that the UAE focuses on the promotion of its innovative technologies and inventions. Usually, such designs are implemented in the manufacturing of ships, planes, cars, and other transport means that are used in the military. The status of any country’s army has a significant impact on its prestige and competitiveness ability. The United Arab Emirates has all the opportunities to develop. Therefore, it is essential for the local people to organize some contests that are supposed to support bright ideas financially.
The UAE is in the seventeenth place among other countries in the world’s competitiveness rate. Japan occupies the ninth position in the same ranking system. The UAE government should invest more finances in different industries to prosper in the future.
World Economic Forum 2016a, Japan, Web.
World Economic Forum 2016b, United Arab Emirates, Web.