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User:Conservative/Economics (view source)
Revision as of 15:54, September 27, 2024
, 15:54, September 27, 2024→Oil producing countries. Russia vs. Norway/UAE economic case study. The power of economic diversification for countries that are oil producing countries (One of many factors)
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*Oil producer UAE also chose to diversify and is now prospering.
*Oil producer UAE is making efforts at diversification. Through the UAE's economic diversification efforts, the country has made significant progress to reduce its reliance on oil and shift towards a competitive economy driven by knowledge and innovation. Currently, non-oil sectors account for 70% of the total GDP.[https://mof.gov.ae/fdmo-uae-economy-overview/#:~:text=Highly%20Diversified%20Economy,70%25%20of%20the%20total%20GDP.][https://www.researchgate.net/publication/376408588_The_UAE_Economy_and_the_Path_to_Diversification_and_Innovation#:~:text=The%20UAE's%20strategy%20to%20diversify,to%20facilitate%20private%20sector%20participation.]
== References ==
== References ==
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