Dubai 's fortunes have revived since real estate crash and debt restructuring . In a generation , Dubai has graduated from village to global financial center , demographic microcosm . With the UK economy slumping so severely that the IMF has recommended it reconsider its austerity policy , Johnson has to look abroad to maintain London 's economic dynamism . Comment: Country is open and tolerant ; Parag Khanna says freedom of expression has suffered .
Dubai 's fortunes have revived since real estate crash and debt restructuring . In a generation , Dubai has graduated from village to global financial center , demographic microcosm . Comment: Country is open and tolerant ; Parag Khanna says freedom of expression has suffered .