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Saturday, Feb 22, 2025

How Dubai succeeded where Hong Kong and Shanghai failed

How Dubai succeeded where Hong Kong and Shanghai failed

By becoming an early adopter of vaccines, keeping borders open, and facilitating technological innovation, the UAE has seen swift economic recovery. Hong Kong and Shanghai’s Covid-19 policies did not have the same results with Omicron as they did early in the pandemic, and have an adverse economic impact
Dubai is having a good year. Not only has it just concluded its Covid-delayed Expo 2020, which attracted over 24 million visitors worldwide, but it was also named Tripadvisor’s Most Popular Destination of 2022. All that without any strict travel restrictions.

Dubai shares many characteristics with Hong Kong and Shanghai. All three aspire to be a bridge between East and West, and strive for efficiency and openness, while politically not opting for a Western liberal democracy. Their recent performances on the global stage, however, could not be more different.

The UAE has proved one of the most resilient places globally in the face of Covid-19. It was ranked third in Bloomberg’s Covid Resilience ranking published last month, which ranks 53 countries on 12 indicators like quality of healthcare, virus mortality and ease of travel. It has become a role model for many countries aiming to fully reopen their economies by managing, so far, to stay open to visitors while keeping infections low.
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