1. Case Study Stages of Economic Growth in Practice: UAE Industrialization, urbanization, and trade in the vein of Rostow's model are still seen by many as a roadmap for a country's development. UAE is one of the best examples of a country that grew in this way and is now a notable player in the global economy. The UAE has developed from a juxtaposition of Bedouin tribes to one of the world's most wealthy states in only about 50 years. Since its independence in 1971, the UAE's economy has grown by nearly 231 times to 1.45 trillion AED in 2013. The non-oil trade has grown to 1.2 trillion AED, a growth of around 28 times from 1981 to 2012. Backed by the world's seventh-largest oil deposits, and thanks to considerate investments combined with decided economic liberalism and firm Government control, the UAE has seen its real GDP more than tripled in the last four decades. Nowadays the UAE is one of the world's richest countries, with GDP per capita almost 80% higher than the OECD average. Criticisms of Rostow's Model As the UAE case shows, Rostow's model still sheds light on a successful path to economic development for some countries. However, there are many criticisms of his model. While Rostow illustrates faith in a capitalist system, scholars have criticized his bias towards a western model as the only path towards development. Rostow lays out five succinct steps towards development and critics have cited that all countries do not develop in such a linear fashion; some skip steps or take different paths. Rostow's theory can be classified as "top-down," or one that emphasizes a trickle-down modernization effect from urban industry and western influence to develop a country as a whole. Later theorists have challenged this approach, emphasizing a "bottom-up" development paradigm, in which countries become self-sufficient through local efforts, and urban industry is not necessary. Rostow also assumes that all countries have a desire to develop in the same way, with the end goal of high mass consumption, disregarding the diversity of priorities that each society holds and different measures of development. Despite the many critiques of Rostow's model, it is still one of the most widely cited development theories and is a primary example of the intersection of geography, economics, and politics. Sources: Binns, Tony, et al. Geographies of Development: An Introduction to Development Studies, 3rd ed. Harlow: Pearson Education, 2008. Question: 11. Discuss the stages of development according to Rostow?

1. Case Study Stages of Economic Growth in Practice: UAE Industrialization, urbanization, and trade in the vein of Rostow's model are still seen by many as a roadmap for a country's development. UAE is one of the best examples of a country that grew in this way and is now a notable player in the global economy. The UAE has developed from a juxtaposition of Bedouin tribes to one of the world's most wealthy states in only about 50 years. Since its independence in 1971, the UAE's economy has grown by nearly 231 times to 1.45 trillion AED in 2013. The non-oil trade has grown to 1.2 trillion AED, a growth of around 28 times from 1981 to 2012. Backed by the world's seventh-largest oil deposits, and thanks to considerate investments combined with decided economic liberalism and firm Government control, the UAE has seen its real GDP more than tripled in the last four decades. Nowadays the UAE is one of the world's richest countries, with GDP per capita almost 80% higher than the OECD average. Criticisms of Rostow's Model As the UAE case shows, Rostow's model still sheds light on a successful path to economic development for some countries. However, there are many criticisms of his model. While Rostow illustrates faith in a capitalist system, scholars have criticized his bias towards a western model as the only path towards development. Rostow lays out five succinct steps towards development and critics have cited that all countries do not develop in such a linear fashion; some skip steps or take different paths. Rostow's theory can be classified as "top-down," or one that emphasizes a trickle-down modernization effect from urban industry and western influence to develop a country as a whole. Later theorists have challenged this approach, emphasizing a "bottom-up" development paradigm, in which countries become self-sufficient through local efforts, and urban industry is not necessary. Rostow also assumes that all countries have a desire to develop in the same way, with the end goal of high mass consumption, disregarding the diversity of priorities that each society holds and different measures of development. Despite the many critiques of Rostow's model, it is still one of the most widely cited development theories and is a primary example of the intersection of geography, economics, and politics. Sources: Binns, Tony, et al. Geographies of Development: An Introduction to Development Studies, 3rd ed. Harlow: Pearson Education, 2008. Question: 11. Discuss the stages of development according to Rostow?

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11. Case Study Stages of Economic Growth in Practice: UAE Industrialization, urbanization, and trade in the vein of Rostow's model are still seen by many as a roadmap for a country's development. UAE is one of the best examples of a country that grew in this way and is now a notable player in the global economy. The UAE has developed from a juxtaposition of Bedouin tribes to one of the world's most wealthy states in only about 50 years. Since its independence in 1971, the UAE's economy has grown by nearly 231 times to 1.45 trillion AED in 2013. The non-oil trade has grown to 1.2 trillion AED, a growth of around 28 times from 1981 to 2012. Backed by the world's seventh-largest oil deposits, and thanks to considerate investments combined with decided economic liberalism and firm Government control, the UAE has seen its real GDP more than tripled in the last four decades. Nowadays the UAE is one of the world's richest countries, with GDP per capita almost 80% higher than the OECD average. Criticisms of Rostow's Model As the UAE case shows, Rostow's model still sheds light on a successful path to economic development for some countries. However, there are many criticisms of his model. While Rostow illustrates faith in a capitalist system, scholars have criticized his bias towards a western model as the only path towards development. Rostow lays out five succinct steps towards development and critics have cited that all countries do not develop in such a linear fashion; some skip steps or take different paths. Rostow's theory can be classified as "top-down," or one that emphasizes a trickle-down modernization effect from urban industry and western influence to develop a country as a whole. Later theorists have challenged this approach, emphasizing a "bottom-up" development paradigm, in which countries become self-sufficient through local efforts, and urban industry is not necessary. Rostow also assumes that all countries have a desire to develop in the same way, with the end goal of high mass consumption, disregarding the diversity of priorities that each society holds and different measures of development. Despite the many critiques of Rostow's model, it is still one of the most widely cited development theories and is a primary example of the intersection of geography, economics, and politics. Sources: Binns, Tony, et al. Geographies of Development: An Introduction to Development Studies, 3rd ed. Harlow: Pearson Education, 2008. Question: 11. Discuss the stages of development according to Rostow?

Definition Definition Increase in the amount of goods and services produced by a country in a given period of time compared to an earlier period. Economic growth is generally coupled with a rise in national income or the purchasing power of individuals. It is often measured in terms of the increase in a country's gross domestic product (GDP), or the overall monetary value of all the complete or final services and goods that a country can produce within its domestic boundaries in a specific period.

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