AKA the most sensible economic model for Dubai. It's a nice enough metropolis for the desert, entices enough high end talent to live there to supplement frankly undereducated population a few generations away from nomads, and locals are comfy. What else they going to do with oil money in the desert.
They're just arbitraging cheap labour in your face instead of some farm field or factory overseas. For resource to local population ratio, it's supremely optimized - cheap migrant workforce does all the shit job locals don't want to do, don't have the numbers to do, without need for onerous social safety net of citizenship.
It's economically "fine", as in as "fine" as can be trying to pivot desert city from oil. It's morally broken because labours occasionally be slaves, even though largely everyone wins. UAE gets cheap labour, labour countries get remittance, labourers get life changing pay.
Like west already does this shit in some sectors (agri) and get cheap calories, UAE can't supply enough labour in all sectors and get cheap everything.
They're just arbitraging cheap labour in your face instead of some farm field or factory overseas. For resource to local population ratio, it's supremely optimized - cheap migrant workforce does all the shit job locals don't want to do, don't have the numbers to do, without need for onerous social safety net of citizenship.
It's economically "fine", as in as "fine" as can be trying to pivot desert city from oil. It's morally broken because labours occasionally be slaves, even though largely everyone wins. UAE gets cheap labour, labour countries get remittance, labourers get life changing pay.
Like west already does this shit in some sectors (agri) and get cheap calories, UAE can't supply enough labour in all sectors and get cheap everything.