The 124th floor of Dubai’s Burj Khalifa looms large over the Persian Gulf. From the world’s tallest observation deck, one can easily gaze over the metropolis spurred by state-led capitalism and tax-exempt labor. In many ways, however, the skyscraper’s story highlights the nature of Dubai’s nascent economy. Dreamt up and constructed during the country’s boom years, the entire emirate of Dubai almost fell into bankruptcy after a real estate market crash. It took a $10 billion bailout at the last minute by the neighboring emir of Abu Dhabi (on…
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Religio-cultural cosmopolitanism in the Middle East
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