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" Breaking the oil spell : "
editors, Reda Cherif, Fuad Hasanov, Min Zhu.
Document Type
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BL
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Record Number
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852560
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Title & Author
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Breaking the oil spell : : the Gulf Falcons' path to diversification /\ editors, Reda Cherif, Fuad Hasanov, Min Zhu.
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Publication Statement
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Washington, DC :: International Monetary Fund,, [2016]
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, ©2016
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Page. NO
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xviii, 194 pages :: color illustrations ;; 23 cm
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ISBN
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1513537865
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: 9781513537863
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Bibliographies/Indexes
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Includes bibliographical references and index.
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Contents
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Introduction / Tim Callen, Reda Cherif, and Fuad Hasanov -- Soaring of the Gulf Falcons : diversification in the GCC Oil Exporters in Seven Propositions / Reda Cherif and Fuad Hasanov -- The Riddle of Diversification / Clement M. Henry -- Going Beyond Comparative Advantage : how Singapore Did It / Philip Yeo -- Malaysia's Move toward a High-Income Economy : five Decades of Nation Building : A View from Within / Ahmad Tajuddin Ali -- Industrial Diversification in Korea : History in Search of Lessons / Meredith Woo -- Economic Diversification in Latin American Countries : A Way to Face Tough Times Ahead / José Miguel Benavente -- Growth Policy Design for Middle-income Countries / Philippe Aghion -- Diversification and the Economy : The Role of Government in Enhancing the Industrial Base / Bill Francis, lftekhar Hasan, and Yun Zhu -- A Practitioner's Narrative of Brazil's Industrialization and the Role of the Brazilian Development Bank / Julio Ramundo -- Implications of Korea's Saemaul Undong for development policy : a structural perspective / Huck-ju Kwon -- Lessons for today and the way forward / Reda Cherif, Fuad Hasanov, and Alfred Kammer -- Postscript : a conversation on diversification challenges.
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Abstract
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The 'Gulf Falcons'-the countries of the Gulf Cooperation Council-have high living standards as a result of large income flows from oil. The decline of oil prices between summer 2014 and fall 2015 underscores the urgency for the Gulf Falcons to diversify away from their current heavy reliance on oil exports. This book discusses attempts at diversification in the Middle East and North Africa and the complex choices policymakers face. It brings together the views of academics and policymakers to offer practical advice for future efforts to increase productivity growth.--
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Subject
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Diversification in industry-- Persian Gulf Region.
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Subject
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Diversification in industry.
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Subject
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Diversification in industry.
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Subject
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Economic policy.
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Subject
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Developing countries, Economic policy.
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Subject
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Persian Gulf Region, Economic policy.
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Subject
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Developing countries.
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Subject
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Middle East, Persian Gulf Region.
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Dewey Classification
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338.9536
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LC Classification
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HD2756.2.P37B74 2016
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Added Entry
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Cherif, Reda
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Hasanov, Fuad,1978-
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Zhu, Min,1951-
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