Cultural Events and Savings Essay

The phrase cultural Events and Differences Evidence from Immigrants to the linked Arab Emirates is catches attention, because it provides through examination of main reasons of immigration and touches the living conditions and experience of being an immigrant. It is know that the potential of UAE is growing and thus the arena has to be studied and its policy should be evaluated.Furtherto a greater extent, the article is evoke, because it examines impact o international region ob immigrants behavioral patterns and provides examples from different countries. Actually, the article raises debates whether immigrants should adapt to contrary culture or to preserve their culture. Moreover, the military posture of the article is that is investigates the nature of nest egg.Certainly, this article contains a great deal of new interesting and relevant worldly for contemporary world, because public is interested in what is going on in Arab world. It is interesting to know, for exam ple, that immigrants from developing countries tend to be more uniform regarding education, age, household and occupation, though they are provided with lower income than that of Arab countries. Nevertheless, the differences in national providences postulatent been investigated yet.The authors of the article provoke that UAE completely depends on immigrant workers. Apparently, heathenish factors have strong impact on political policies, partly because they tend to influence saving behavior in the long choke in the countries which are considered ethnically diverse. Nevertheless, cultural factors play rather important, though not dominant role in ascertain differences in household savings. The authors provide some(prenominal) conclusions the level of per capital income and growth income influences the capability to save interest rates and swelling rates appear to be insignificant.The article refers to Legal, Technological and Political Force as it examines the impact of cult ural differences on the political policy within UAE. The article provides development regarding political and economic forces caused the increase of immigration.ReferencesAl-Wad, M. & Elhiraika, A. (2003, July). Cultural Events and Differences Evidence from Immigrants to the United Arab Emirates. The Journal of discipline Studies, 39, 5, 139-151.