The impact of hosting the World Expo 2020 on Dubai’s future economic, social and cultural life

IntroductionThis proposal outlines the following inquiry pass in what ways, affirmatory or negative, will the World exposition 2020 advert Dubai, the surrounding region, and the world in generalThis is an inte breaking topic for two principal(a) reasons. The first is the personal workplace experience of the author, which involved a beat at Dubai Media Incorporated (Dubai TV) conducting analysis about current affairs in the UAE region. The second is the fact that this is a landmark moment in the business relationship of Dubai, the UAE, and the Middle in general, as it is the first time that an international translation has been held in the region. It is possible that it will champion to the phylogenesis of impertinently forms of refinement the old may be reformulated and developed in unique ways, however it may as well as be fused with ideas and institutions from abroad to create invigorated cultural hybrids. This idea of convey regions of the Middle East together wit h the rest of the world was explicitly support by Sheikh Mohammed bin Rashid Al Maktoum, Dubais leader, who argued for the importance of a renewed vision of progress and development based on a sh atomic number 18d purpose and commitment (exposition 2020 Dubai, UAE, 2013). The speculation that the exhibition 2020 will be a crucible for interacting creative forces across the world is, more all over, encapsulated in Dubais chosen theme Connecting Minds, Creating the Future (Big parole Network, 2013).Research questionsThis research will aim to answer the following questions What factors atomic number 18 likely to contribute to the success or failure of the World Expo 2020?What atomic number 18 the social, economic, and cultural alters that Dubai is a likely to experience?How will be Dubais future in the global stage change as a result of this event?How might Dubai use the World Expo 2020 as a marketing tool?How might Dubai use the emblematical economy to aid its cultural and ur ban regeneration and shape its new urban identity?Will Expo 2020 commentary and press confront Dubai in a positive or negative light?lit reviewDue to the very recent nature of the announcement, there is close to no literature dealing directly with the relationship between Dubai and the Expo 2020. However, there has been considerable commentary in the form of political and economic punditry, such(prenominal) of which is academic. Piers Schreiber, Vice President of Corporate Communications & Public personal business at the Jumeirah Group, claimed that the Expo will create up to 270,000 jobs in the region, bringing great economic and social benefits (cited in Wilson, 2013). Among these atomic number 18 an injection of more or less 17.7 billion into the economy and a migration of talent from abroad (Wilson, 2013). These estimations are supported by the forecasting group Oxford Economics, which claims that the event will contribute around $40 billion to Dubais GDP and create 277,0 00 new jobs over the next seven years (Big News Network, 2013). A similar debate is put forward by go up and Spiegel (2009), whose work suggests that mega events lead to a substantial increase in trade (approx. 30%) however, they overly show that unsuccessful bids to host the Olympics have a similar positive blow on exportstrade is attributable to the signal a awkward sends when bidding to host the games, rather than the act of actually holding a mega-event (p1). Although Sheik Mohammed has claimed that the Dubai Expo 2020 will breathe new life into the past role of the Middle East as a melting messiness for cultures and creativity (Big News Network, 2013), the goal of cultural diversity has been questioned due to the plastered emphasis on boosting an Islamic economy, which suggests continuity more than change (Wilson, 2013). Based on comparisons with other mega events, it is often argued that the set up of the Expo 2020 are likely to be negative for Dubai. Rose and Spiegel (2009), for example, stress that much of the evidence for the benefits of mega events is commissioned by groups with biasing agendas (e.g., Humphreys and Plummer, 1995 Fuller and Clinch, 2000, both cited in Rose and Spiegel, 2009). The same is argued by Nitsch and Wendland (2013), who also point to the large initial investment funds in facilities and infrastructure associated with mega events, which can place a considerable freight on the local or national economy there tends also to be a dramatic and unpredictable effect on quality prices. The conclusion of Nitsch and Wendland (2013) is that mega events tend to have an overwhelmingly negative effect on population growth (i.e., a population decline), as measured intercourse to a control group. However, Nitsch and Wendland (2013), and Rose and Spiegel (2009), point to the voicelessy of estimating the impact of major events. Problems quantifying the effects, especially on phenomena such as labour markets, are often exacerbated by the fact that many studies are commissioned ex ante by biased groups. Moreover, in conducting analyses such as this, it is difficult to find an adequate sample size due to the infrequency of mega events. hence there are problems with the intangibility of cultural and social spillover effects, as well as the economic multiplier (Rose and Spiegel, 2009).MethodologyThe effects of the Expo 2020 are best assessed using a variety of methodological approaches, employing both numerical and qualitative methods. From the quantitative side there will be glut analysis-case studies and statistical analyses. From the qualitative, there will be surveys, questionnaires, and interviews. In terms of research philosophy (or methodology, strictly speaking), this research will take both an objectivist and a subjectivist approach (Crotty, 1998). It would be advantageous to use what Nitsch and Wendland (2013 4) call a difference-in-differences methodology. This draws before and after comparisons, and in this case would entail looking at the effect of former Expos on host nations and cities and extrapolating about the probable effects on Dubai.BibliographyCrotty, M. (1998) The foundation of Social Research Meaning and Perspective in Research Progress. Sage Publications London Big News Network (Nov 2013) Dubai wins decline to host Expo 2020 http//www.bignewsnetwork.com/index.php/sid/218715287/scat/3a8a80d6f705f8cc/ht/Dubai-wins-right-to-host-Expo-2020 Retrieved 03/02/2014. Nitsch, V. and Wendland, N. (2013) The IOCs Midas Touch Summer Olympics and metropolis Growth, CESIFO WORKING PAPER NO. 4378, Centre for Economic Studies & Ifo Institute. Expo 2020 Dubai, UAE (2013) Our address http//expo2020dubai.ae/en/our_bid Retrieved 03/02/2014 Rose, A. K. and Spiegel, M. M. (2009) The Olympic Effect, NBER Working Paper No. 14854, The National federal agency of Economic Research http//www.nber.org/papers/w14854 Retrieved 03/02/2014.Wilson, J. A. J. (Dec 2013) Global Islamic Economy aggra ndisement and World Expo 2020 boost Dubais Halal credentials, The Huffington Post http//www.huffingtonpost.co.uk/jonathan-aj-wilson/global-islamic-economy_b_4366436.html Retrieved 03/02/2014.