Background
Context
Boom_Bust_Boom_Bust
The Hangover
Reaction
Now what ?
The laundry list
BACKGROUND
We didn't call it Bauhaus
CONTEXT
Iran
BOOM BUST
The filters: Revenue + PR. Reference UN Offer
I’m here because I like Dubai…
…and I want to have more reasons to like it.
You
Like Dubai
Like Dubai
Curious about Dubai
Disappointed by Dubai
Angry at Dubai
What kind of city do we want to live in ?
Sharjah
Abu Dhabi
Saudi
Ras Al Khaimah
An unwritten Social Contract
or all the above ?
2000
1993
1996
1996
1997
2000
2001
Emirates Airlines
TIO
TCO
TEC
Hangover
Why ?
The de-centralization of lending
Refinancing strategies
(non)relationship banking
Default ?
REACTION
LOCAL
ANGLO-SAXON
NOW WHAT?
Show me your moves
Trading Hub
Infrastructure Infrastructure Infrastructure
Low rent
Yes but more is needed
Why ?
Two Criteria
Financial Performance
PR Equity
Company
Dubai Inc
Dubai
Small government
Economically Efficient
Economically Efficient, Socially Mobilized
Economically Efficient, Socially Mobilized, Self Critical
Economically Efficient, Socially Mobilized, Self Critical, Civil Society
THE LAUNDRY LIST
Infrastructure
De/regulation
Healthcare
Education
Creative Industry
Deregulate
Creativity
Deregulate Entrepreneurship
Transparency
Privatisation
It's the Judiciary stupid
Regulations you actually need
The state of Labour workers
Long- term residency programme
80% others 20% me
Responsabilities are not given, they are taken
Responsibilities are not given, they are taken
Mohammed Bin Rashid Al Maktoum
Bust
Why ?
Hiatus
2001
End of Hiatus - Dubai 2003
Boom
1999
layout Giorgio Ungania