Tuesday, 1 June 2010

The expat legacy

Recent figures from the UAE’s National Bureau of Statistics show a division of economic activity between expats and nationals. Despite the global economic downturn and a stagnant economy in 2009, population growth in the UAE continues and now stands at 8.19 million from 8.07 million in 2008. According to the figures, nearly 80 per cent of expats are economically active compared to just 45 per cent of nationals. With 80 per cent of the total population being expats, this means that there is only a very small working native population in the work force.

Understandably, these findings are cause for concern for some of the UAE’s established institutions. UAE publication Emirates Business 24-7 laments the situation saying “this development involves very serious implications for the demographic, economic and human future of the GCC countries.”

The UAE, and Dubai in particular, has opened itself up to the world but the financial crisis has seen a sharp pull-back for the region. As recovery begins, the legacy of Dubai may be the business expat – and this large and economically active population will be crucial to getting the region back on track. At the same time, the crisis has highlighted the importance of sustainable growth. Both expats and natives have a role to play in taking the region forward harmoniously.

In order to paint a picture of our own, we want to include as many countries as possible in the this year’s Expat Explorer reports. Some of the countries that we need a few more respondents to make up a statistically representative sample to include in the 2010 reports include:
· Bahrain
· Bermuda
· Brazil
· Czech Republic
· Egypt
· Italy
· Japan
· New Zealand
· Russia
· Vietnam

If you’re an expat and you live in one of these countries, then please fill out the survey! The same goes if you know anybody living as an expat in the country. We wouldn’t want these countries to miss out!

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