Examining the economic complexity of the Arab world to identify opportunities for new exports and generating jobs : final report (January 2014 – January 2016)
Date
2016-03
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Publisher
Lebanese Center for Policy Studies (LCPS), Beirut, LB
Abstract
Using product space methodology, this project aims to analyze the existing capabilities of Arab economies by locating products currently exported, and then determining how far they are from producing and expanding more strategic products. Analyzing these options for diversification in the Arab world, and the trade-offs they entail, has policy implications in terms of growth and job creation. Incentive for diversification often fades with a rise in oil prices. Where there are lower prices, policy makers are less able to buy off their cronies, and diversification away from oil related products becomes more economically attractive.
Description
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IDRC Final Report
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Keywords
ARAB COUNTRIES, INDUSTRIAL SECTOR, PRODUCTION DIVERSIFICATION, ECONOMIC POLICY, POLICY MAKING