Analysis of some indicators of sustainable development in the UAE economy and their future prospects
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Abstract
Sustainable development aims to meet the needs of the current generation without compromising the ability of future generations to meet their own needs. Sustainable development includes economic, social and environmental dimensions, and seeks to achieve a balance between these dimensions to achieve sustainable growth, social justice and environmental protection. Sustainable development can be achieved by diversifying the economy and developing New and innovative sectors, such as renewable energy, agriculture, industry, and others. In order to achieve the main objective above and the sub-objectives emanating from it, the research adopted the analytical approach in the study, by relying on economic indicators in it to analyze the hypotheses of the study and conduct an economic analysis of the research variables. The Arab Emirates and for all sectors without exception, and among them it was found that these indicators are within safe and advanced limits in 2019, but they declined significantly in the year of the pandemic (2020) and then returned to rise starting from 2021, which indicates that the economy has achieved sustainability during the period covered by the research. According to these conclusions, the study recommended a set of recommendations that serve the purposes of the study, including the need to benefit from the experiences of the countries covered by the research in this vital field related to diversifying sources of income, especially since other Arab countries, including Iraq, suffer a lot from this aspect due to their dependence on unilateral rentier income resulting from oil. Which leads to sustainable development.
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