Impact of Expo 2020 in Dubai
World Expo 2020, the most awaited and excited international exhibition is the third largest global non-commercial event. Expert Loscertales says, “The value of hosting an Expo includes reinforcement of good international relations between the host city and participating countries; encouragement of cultural exchange and education; stimulation of economic growth; contribution to environmental protection efforts; urban renewal of the host city and experimentation with the future and technological innovation.” Emphasizing on the advantages of Expo, it benefits both the host nation as well as the once chosen it. Gains in terms of economic growth are foreseen which pertains to be less quantifiable which indeed leads to advancement in cultural relations. Thus, Expo serves as an influential tool of public and cultural subtlety.
The effect on the job market has been one of the major hypothetical talks in relation to the factors surrounding Expo 2020. With the Department of Tourism and Commerce marketing foreseeing a better exposure, Dubai indeed becomes a hub of Tourism. In the Long run this has drastically emphasized on the need for the sustainable investment in the job market. This would further boost the demand for the human talent as well as the additional investments resulting in the positive impact of the sectors of the economy. In the short run, this needs to be managed with proper management in order to avoid the price growth and over development.
