, diversification can reduce the economic impact of shocks. Therefore, despite the well-known efficiency benefits from specialization …, the risks of too little diversification have long been acknowledged. But how big are the benefits of diversification? This …

This paper looks at the progress in transition and the geographic diversification of trade, focusing on two issues …. Geographic diversification (to the European Union) is found to be greater the closer is geographic proximity and the more …

We present evidence on one facet of energy security in OECD economies - the extent of diversification in sources of oil … much change in diversification in oil supplies over the last decade, but diversification in sources of natural gas supplies … has increased steadily. We document the cross-country heterogeneity in the extent of diversification. We also show how the …

It is typically assumed that countries in the Caribbean suffer from a lack of output and export diversification …