The Microeconomic Environment of UAE in Comparison to Gulf Cooperation Council Countries according to the Global Competitiveness Index

UAE and GCC countries have turned into the most developed nations of the Middle East; therefore this paper is assessing the overall economic performance of each in regards to Porter�s foundations of prosperity model and the global competitiveness index which is an annual report that is being published by the World Economic Forum. However, the report evaluates the ability of nations to deliver high levels of prosperity to their inhabitants and this relies upon how beneficially a nation utilizes accessible resources.