The economic crisis didn’t just affect American building or construction. The city that has grown out of the desert, Dubai, was also strongly affected and now is making a slow recovery:
Chastened after an extravagance-fueled debt crisis last year at Dubai World, the state-run investment giant, Dubai is getting back to basics.
Glamorous whimsies like a giant artificial island shaped like a palm tree are giving way to more pragmatic priorities meant to revive Dubai’s status as the dominant trading hub between the industrially advanced West and the oil-rich Middle East.
The article goes on to mention a number of factors that need to accompany building and development for it to last long-term including stable governance and a diversified economy.
One factor that is cited as aiding Dubai’s recovery is its established infrastructure.