Al Qamzi added that
diversification and sustainability have remained the focal points of Dubai's growth strategy for more than three decades now.
He added that the adoption of a bold
diversification strategy has become particularly important in the face of low oil prices, and a critical one to prevent a marked decline in GCC countries' living standards.
Findings: The study provides the practicing managers three alternate measures of
diversification, the proportion of the largest two-digit industry sales to total firm sales (DIVH2D), the number of products a firm produces (DIVNP) and the proportion of the 'number of two-digit industry codes to the number of four-digit industry code' (DIV2B4).
He, however, said that research in Sub-Saharan Africa had indicated that crop
diversification provided smallholder farmers with a diversity of diet, improved their income and nutrition.
However, the acceptability of the scheme is dependent on the type of
diversification and the location of the project.
'There is now greater need for economic and export
diversification, and well-targeted aid for trade to catalyze financing that enables sharing the benefits of open trade more equitably,' Susantono added.
The expansion of services throughout Asia and the Pacific, particularly in information and communications technology, is an opportunity for economic and export
diversification. Integrated and coherent policies, with increased trade liberalization and regulatory reform, are critical for services trade to develop, the report said.
"Reasons behind this were global recession, high cost of doing business and lack of
diversification in export products and markets," he said.
During the webinar, Mashruwala indicated that at the most basic level,
diversification means investing in a manner where not all assets fluctuate in the same direction at the same time.
Consider the region's failed attempts at economic
diversification. Every resource-rich country in the region has faithfully adhered to tall promises of diversifying their economic structure away from an excessive dependence on oil and gas revenues.
There have been studies that show you can achieve sufficient
diversification in a portfolio with as few as 30 stock holdings.
latter can be achieved through optimal
diversification strategies.
Tribune News Network Doha The Gulf rift, caused by the unfair siege of Qatar by some of its neighbours, has dealt economic
diversification attempts in the Gulf Cooperation Council (GCC) a significant blow, Brookings Doha Center (BDC) Director Tarik Yousef has said.
Qatar will continue to use the preparations for the 2022 FIFA World Cup as a catalyst for
diversification, investing heavily in the construction of not only sports facilities, but also transport and tourism infrastructure, BMI Research has said in a report.
