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Hi, need to submit a 750 words paper on the topic Assignment1 economics. living for many in the Asian countries. However, the rapid growth in the economy of these countries have left the Middle East s

Hi, need to submit a 750 words paper on the topic Assignment1 economics. living for many in the Asian countries. However, the rapid growth in the economy of these

countries have left the Middle East strained of skilled and unskilled labor.

The Middle East's booming construction industry currently faces two main threats, the supply

chain management of materials for construction, the supply of work force and the issues

associated with them. Let us look at the questions below:

1. What has the government done to improve the situation

The rise in the prices of oil affects the price of materials imported into the country for

construction. The UAE government has cut down on import duty and is planning to launch its

own materials supply company. More over the UAE is also launching its Nuclear energy

program implementation organization according to the recommendations of the IAEA and the

implemented organization will be called as the Emirates nuclear energy corporation. This is

done mainly to meet the growing energy demand and facilitate construction companies.

Company strategy&amp. decision 4

Sources say that the UAE lifted cement and steel duties in March to reduce the burden on

contractors and stabilize the steel market. The Dubai gold and commodities exchange launched

its first steel rebar futures contract in October 2007 (Said Summer, Reuters 2008). The

government has also paid attention to the rising dislike among laborers for gulf as a job

destination the reason for the dislike being the low wages, poor working conditions, and lack of

job security. Update "The UAE government has announced a review of workers' wages in the

construction sector, following a series of strikes recently. The Cabinet has ordered a study on the

salaries of construction workers.

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