Wednesday 9 December 2009

New Abu Dhabi finance policy body to guide growth

Abu Dhabi has launched an economic think-tank to assist policymakers in shaping the growth of the emirate.

Researchers starting work at the Abu Dhabi Economic Research Agency (ADERA) next month will focus on a number of key areas of study such as sustainable economic growth, the role of financial markets in the wider economy, energy and the environment and labour markets.

Initially operating under the guidance of the Abu Dhabi Department of Economic Development (DED), the plan is for the agency to eventually run as entity fully independent from the Government, officials said.

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