06222oam 22014174 450 991079602470332120230808202207.01-4843-1778-51-4843-0291-5(CKB)3780000000103436(MiAaPQ)EBC4509311(MiAaPQ)EBC4954980(Au-PeEL)EBL4509311(CaPaEBR)ebr11391003(OCoLC)988869641(Au-PeEL)EBL4954980(CaONFJC)MIL915496(IMF)BOSEA(EXLCZ)99378000000010343620020129d2016 uf 0engurcnu||||||||rdacontentrdamediardacarrierBreaking the Oil Spell : The Gulf Falcons' Path to Diversification /Reda Cherif, Fuad Hasanov, Min ZhuWashington, D.C. :International Monetary Fund,2016.1 online resource (214 pages) illustrations1-5135-3786-5 Includes bibliographical references at the end of each chapters and index.Cover -- Contents -- Foreword -- Acknowledgments -- Introduction -- PART I: DIVERSIFICATION ATTEMPTS IN THE MIDDLE EAST AND NORTH AFRICA -- 1 Soaring of the Gulf Falcons: Diversification in the GCC Oil Exporters in Seven Propositions -- 2 The Riddle of Diversification -- PART II: EXPERIENCES OF DIVERSIFICATION IN ASIA AND LATIN AMERICA -- 3 Going Beyond Comparative Advantage: How Singapore Did It -- 4 Malaysia's Move toward a High-Income Economy: Five Decades of Nation Building-A View from Within -- 5 Industrial Diversification in Korea: History in Search of Lessons -- 6 Economic Diversification in Latin American Countries: A Way to Face Tough Times Ahead -- PART III: KEY POLICIES TO SUPPORT DIVERSIFICATION -- 7 Growth Policy Design for Middle-Income Countries -- 8 Diversification and the Economy: The Role of Government in Enhancing the Industrial Base -- 9 A Practitioner's Narrative of Brazil's Industrialization and the Role of the Brazilian Development Bank -- 10 Implications of Korea's Saemaul Undong for Development Policy: A Structural Perspective -- 11 Lessons for Today and the Way Forward -- Postscript: A Conversation on Diversification Challenges -- Contributors -- Index.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.BooksDiversification in industryPersian Gulf RegionDiversification in industryInvestments: EnergyimfExports and ImportsimfMacroeconomicsimfProduction and Operations ManagementimfFinance: GeneralimfMacroeconomics: ProductionimfEducation: GeneralimfLabor Economics: GeneralimfEnergy: GeneralimfTrade: GeneralimfGeneral Financial Markets: General (includes Measurement and Data)imfInnovationimfResearch and DevelopmentimfTechnological ChangeimfIntellectual Property Rights: GeneralimfLabourimfincome economicsimfEducationimfInvestment & securitiesimfFinanceimfInternational economicsimfTechnologyimfgeneral issuesimfProductivityimfLaborimfOilimfExportsimfProductionimfCommoditiesimfInternational tradeimfManufacturingimfEconomic sectorsimfIndustrial productivityimfLabor economicsimfPetroleum industry and tradeimfManufacturing industriesimfPersian Gulf RegionEconomic policyDeveloping countriesEconomic policyMalaysiaimfDiversification in industryDiversification in industry.Investments: EnergyExports and ImportsMacroeconomicsProduction and Operations ManagementFinance: GeneralMacroeconomics: ProductionEducation: GeneralLabor Economics: GeneralEnergy: GeneralTrade: GeneralGeneral Financial Markets: General (includes Measurement and Data)InnovationResearch and DevelopmentTechnological ChangeIntellectual Property Rights: GeneralLabourincome economicsEducationInvestment & securitiesFinanceInternational economicsTechnologygeneral issuesProductivityLaborOilExportsProductionCommoditiesInternational tradeManufacturingEconomic sectorsIndustrial productivityLabor economicsPetroleum industry and tradeManufacturing industries338.9536Cherif Reda1485136Hasanov Fuad1472696Zhu Min825169DcWaIMFBOOK9910796024703321Breaking the Oil Spell3712662UNINA