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economic diversification would reduce their exposure to volatility and uncertainty in the global oil market, help create jobs … limited. This paper argues that increased diversification will require realigning incentives for firms and workers in the … economies�fixing these incentives is the "missing link" in the GCC countries' diversification strategies. At present, producing …
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support sustainable growth. Since export diversification takes a long time, it has to start now. We argue that the failure to …
Persistent link: https://www.econbiz.de/10013045261
support sustainable growth. Since export diversification takes a long time, it has to start now. We argue that the failure to …
Persistent link: https://www.econbiz.de/10014411637
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uninformative measures of diversification. This paper uses a novel measure of export concentration from the IMF to describe … diversification trends between 1962 and 2010 among the 38 largest oil producers. It documents three empirical patterns: a rising gap … in export diversification between oil-producing states and non-oil states; the heightened concentration of exports in …
Persistent link: https://www.econbiz.de/10012865183
This paper presents an overview of the unprecedented economic and social transformation witnessed by the member countries of the Cooperation Council of the Arab States of the Gulf (GCC)-Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates-over the last three decades
Persistent link: https://www.econbiz.de/10014397427