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The COVID-19 pandemic and the decline in global oil demand and prices dealt the GCC countries a health crisis and a commodity market shock. The GCC's aggregate GDP contracted by 4.8 percent in 2020 from 2019, with the growth outturns ranging from -3.7 in Qatar to an estimated -6.3 percent in...
Persistent link: https://www.econbiz.de/10012642833
highlights that there is no one-size-fits-all solution in fostering diversification and provides a selection of policies … available to governments that can promote or constrain diversification …
Persistent link: https://www.econbiz.de/10012645500
This report describes the key policies for Mali to succeed leveraging growth with export diversification. For many … cycles of booming prices; high GDP growth volatility that translates into a fragile fiscal stance; a resource curse that … investors away. Hence, it has outlined a strategy to achieve this vision centered on the diversification of its economy (and …
Persistent link: https://www.econbiz.de/10012646186
analysis to evaluate Angola's current and future potential for economic and export diversification, drawing attention to … promotes economic diversification, a model that is less dependent on natural resource exports. The new administration is aware … foundation for long-term macroeconomic stability and economic diversification. Analyses conducted as part of this report indicate …
Persistent link: https://www.econbiz.de/10012646202
private sector executive surveys.Economic diversification is a key element of economic development in which a country moves to … and vulnerable to external shocks.This report strives to analyze the main challenges for economic diversification from a … economic volatility and complicate macro-management.The provision of basic public services remains a challenge according to …
Persistent link: https://www.econbiz.de/10012646743
. Chapter 3 evaluates the current and future potential for economic and export diversification. Chapter 4 examines the …, economic development in Mauritania remains weak. The over-reliance on natural resources has left the economy undiversified with … out a more sustainable development model and steer the economy onto a path of accelerated and equitable economic growth …
Persistent link: https://www.econbiz.de/10012647146
pathways to sustained inclusive growth and shared prosperity have been identified in this SCD: --Economic diversification is … crucial to revamp growth, increase productivity, and build resilience to volatility in commodity markets. --Equalizing …
Persistent link: https://www.econbiz.de/10012647323
Suriname is a small economy driven by its abundant natural resources. As the commodity boom ended in recent years, however, the economy began to contract, reflecting Suriname's dependence on the extractives sector. The Government of Suriname redistributes revenue earned from gold, oil, and...
Persistent link: https://www.econbiz.de/10012248300
-side constraints, kick-start economic diversification, and boost export. This report provides an in-depth analysis of Timor … international trade. Given the diminishing returns of public investments, pursuing a sustainable development path will require a …Timor-Leste has made important development gains since independence in 2002 but is now at a critical juncture. The …
Persistent link: https://www.econbiz.de/10014312683
, and diversification. Diversifying export revenues away from hydrocarbons and attracting foreign investment would improve …
Persistent link: https://www.econbiz.de/10014454202