The Economic Vision 2030 was collated with
reference to three distinct benchmark economies,
each chosen for specific reasons. The three
benchmark countries on which Abu Dhabi measures
itself within Vision 2030 are;
Ireland – prior to its current troubles brought on
by the economic crisis, Ireland was very successful at
developing an open and diversified knowledge-based
economy. Its experience and success in attracting
foreign direct investment was also noteworthy.
Norway – rich in oil and gas like Abu Dhabi,
however, diversified in renewables to the point where
it does not rely on its hydrocarbons for domestic
energy generation. Norway is also notable for its
local economic development and its disciplined fiscal
policies.
New Zealand – New Zealand has had a good deal of
success in developing a strong export-based economy,
one of Abu Dhabi’s aspirations.
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