different from other oil-rich countries. In five main ways, all of which suggest the need for economic diversification as an …

the expense of other industries, and political diversification through democracy aimed at encouraging pluralism and high … different from other oil-rich countries. In five main ways, all of which suggest the need for economic diversification as an … to economic development, including human and social capital. The need for diversification can be viewed in terms of …

Economic diversification has gained significant attention as a crucial factor for sustainable development worldwide … diversification for Mongolia. By comparing Mongolia with its designated aspirational and structural peers, the paper aims to shed … light on strategies that can foster economic and societal diversification in the country. Although Mongolia possesses …

opportunities to enhance long-term output per capita and productivity growth. -- financial crises ; democracy ; political …

-offs and write-downs, we examine the impact of loan portfolio sector concentration on credit risk. By controlling for common …

Several studies have documented a negative relationship between democracy and volatility. The latter is usually … institutions, macroeconomic policies and financial development, we find that democracy is the most robust predictor of a country … entry for new firms. This leads to less sectoral diversification: fewer sectors are operated but more resources are …