The financial bubble burst, but the infrastructure is still there.

Dubai has built the infrastructure investments that many developing countries so desperately need–a well-maintained network of roads, a large air terminal with another under construction, and a port that is among the best in the world. Along with the skilled labor that it attracts from all corners of the world, Dubai has positioned itself as a global leader in trans-shipment, services and logistics systems. Will these investments will be enough to offset its current woes? Whatever the answer, there is no doubt that Dubai’s infrastructure investments are a key ingredient to future growth, not just in the Emirate but in the wider region in which it is located.

That's Vijaya Ramachandran's postcard from Dubai. Ramachandran is an expert at the Center for Global Development.