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Global Credit Crisis and Emiratization

The earlier part of the study comprises the deductive perspective resulting in the shape of the derivation of a framework to collect primary data through the consideration of general principles or theories. The inductive perspective provides the foundations of the conclusions and generalization of the results of the survey.
The study will be undertaken by using both types of data, qualitative and quantitative. The types of data to be used in the study include both and combine quantitative and qualitative data. Qualitative research is accurate research with "explicit sampling strategies, systematic analysis of data, and a commitment to examining counter explanations. Ideally, methods should be transparent, allowing the reader to assess the validity and the extent to which results might be applicable to their own clinical practice". — BMJ 1998. 316:1230-1232 (as cited by Simon, 2002)
Qualitative data normally provides answers to the questions including the how and why (Gill &amp. Johnson 1997. Creswell 2003). The qualitative data provides a deep insight into the objectives of the study. On the other hand, the Quantitative data is the measurable information represented in numbers (Kervin 1992. Gill &amp. Johnson 1997) to answer what, who, when, where and how much but limited in providing answers to how and why. The study involved the combination of both the data types. In order to analyze the relationship between the different variables in the study, the SPSS software is used for data interpretation.
In order to get a clear understanding of the causes and effects of new MoL laws and credit market crisis on the Emirates economy, it is important to use both primary and secondary data.

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