Economic Analysis of Investment Operations - Essay Example

Download file to see previous pages Creating job opportunities in the seven sectors of business will be very beneficial to the citizens and the economy at large. In media, people will be creative and innovative since it is a growing industry. It will help develop sophisticated tools and machines needed for media purposes. Machines needed for recording, taping, video shooting and other purposes will be developed marking the growth of the industry. Creating new jobs is the only best way of bringing innovative ideas into the industry. In the real estate industry, people will be encouraged to invest and hence the growth of the economy. Some if not all of the employed people will be very determined to invest in the real estate industry. This will also enable many of the urban dwellers to own houses and homes in town instead of renting. This is a way forward towards the growth of the economy (Samir, 2012).

Having in mind that, the head of policy of a legislative body, Al Bishr is determined to record a 7 % to 9 % economic growth rate, the Emiratis will highly benefit not only from jobs but also from good standards of living. Creating more than 600,000 jobs for the next decades will show the government’s commitment to improving the living standards of its citizens. It will be very effective in the dissemination of quality education where the citizens will become literate in almost all sectors. They will in turn become innovative and hence come up with ideas that will be effective towards economic growth (Samir, 2012).

In addition, there will be the provision of effective programs of human resource development which will help better the educational systems in order to prepare efficient human capital. This will in turn help in keeping abreast with the demand of the job market. According to the head of the strategy of a governmental body, the private sector should employ about 4 % of the workforce annually. This will help in the reduction of the wide gap between the public and private sectors. The relevant authorities should approve the accord set in order to bring the wages of private employees in line with those of the public employees. Implementation of this accord will mark the end of the wide gap between the earnings of civic and private workers in United Arab Emirates states (Samir, 2012). ...Download file to see next pages Read More