Natural Resource Abundance Growth and Diversification in the Middle East and North Africa

This book PDF is perfect for those who love Business & Economics genre, written by Ndiame' Diop and published by World Bank Publications which was released on 01 October 2012 with total hardcover pages 229. You could read this book directly on your devices with pdf, epub and kindle format, check detail and related Natural Resource Abundance Growth and Diversification in the Middle East and North Africa books below.

Natural Resource Abundance  Growth  and Diversification in the Middle East and North Africa
Author : Ndiame' Diop
File Size : 50,8 Mb
Publisher : World Bank Publications
Language : English
Release Date : 01 October 2012
ISBN : 9780821395929
Pages : 229 pages
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Natural Resource Abundance Growth and Diversification in the Middle East and North Africa by Ndiame' Diop Book PDF Summary

MENA holds more than 60% of oil and nearly 50% of gas reserves, making its economy very vulnerable to price fluctuations. This volume investigates the effect of natural resources and the role of policies on achieving higher and sustained growth through economic diversification.

Natural Resource Abundance  Growth  and Diversification in the Middle East and North Africa

MENA holds more than 60% of oil and nearly 50% of gas reserves, making its economy very vulnerable to price fluctuations. This volume investigates the effect of natural resources and the role of policies on achieving higher and sustained growth through economic diversification.

Get Book
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Eurasian economies have to become efficient more productive, job-creating, and stable. But efficiency is not the same as diversification. Governments need to worry less about the composition of exports and production and more about asset portfolios natural resources, built capital, and economic institutions.

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Since the 1960s the per capita incomes of the resource-poor countries have grown significantly faster than those of the resource-abundant countries. In fact, in recent years economic growth has been inversely proportional to the share of natural resource rents in GDP, so that the small mineral-driven economies have performed least

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