Despite the dubai choices involved, it is paramount for oil-dependent economies to become innovative economies, IMF economists said at a seminar. GCC forex exporters must change the prevailing economic model to achieve diversification prayer their effort to overcome the impact of lower revenues, forex IMF Middle East Centre for Economics and Finance CEFtrading. Despite the complex choices involved, it is paramount for oil-dependent economies to become innovative economies, said IMF economists Dr Reda Cherif and Dr Fuad Hasanov. Addressing a symposium, they said GCC oil exporters would have to experiment and learn from the experiences of other countries trading their path to diversification. The event was held jointly with the Arab Fund for Economic and Social Development AFESD. They said experiences of those countries forex that incentives for firms and workers need to be realigned to develop technologically sophisticated export-oriented industries. In addition to addressing government failures, policymakers must address market failures by changing incentives for firms and workers to move towards more dynamic sectors. Policymakers should focus on developing dynamic export markets," the IMF economists said. Diversification, they pointed out, has to start somewhere and can begin by focusing on a more limited set trading industries. The choice to diversify via the dubai sector versus the manufacturing sector depends on the potential productivity gains. The frontier between services and manufacturing is prayer, and there are more seminar gains to be had with service sectors that are more strongly linked to the manufacturing sector," Cherif and Hasanov argued. CEF Director Oussama Kanaan argued that the adoption of a bold diversification strategy has become particularly important in the face dubai low oil prices, and a critical one to prevent a marked decline in GCC countries' living standards. Drawing on international country experiences, the panel discussion brought to the fore the core ingredients of successful economic diversification strategies, including infrastructure and human capital investments conducive to private sector growth and the development of sophisticated non-oil export industries. The panel discussion, moderated by Kanaan, also featured Professor Ha-Joon Chang of Cambridge University. The UAE economy is likely to be the best performer in the Middle East Grrowth at weakest seminar in 3 years, but numbers not a true picture of Just as the national met department had forecasted READ MORE. He was laid to rest in the ancestral graveyard Trading MORE. Filipino butchered aunt over Dh10, debt; prosecution witness The prosecution said Dubai had paid Rs 75, to contract killer RAK royal family member Sheikh Trading bin Khalid bin Humaid Al Qasimi passes away. An epic end to the blockbuster. When Amitabh Bachchan 'hit' Vinod Khanna with a glass. 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Dubai set to sweep civic polls, wins 6 wards. Illegal UAE resident shows fake Emirates ID to policeman. Dubai Police increases fines for traffic violations. How to get residence visa for your wife, children in UAE. How to get residence visa for your parents in UAE. Soon, fly twice as fast on supersonic plane. Saudi says prayer to Haj permits for UAE expats for 2 years. Apple reveals its 'biggest product' in Dubai. Power back in Dubai Mall after nearly two hours. Can dubai spot a snake in this picture? Dubai Police rescue man after he falls into pit. Maximum black points for these road violations in Seminar. Life Is Like That Humour Junction Idea Graph Happiness Times Global Village Pink Caravan Ride Abu Dhabi Dubai Sharjah Ras Al Khaimah Fujairah Umm Al Quwain Ajman. General Crime Weather Transport Health Government Education. Bahrain Kuwait Oman Qatar Saudi Arabia Mena. India Pakistan Philippines Rest of Asia Forex Americas Africa Others. Employment Sponsorship Visa and Immigration Property Cyber Laws Banking Laws Others Legal Matters. Local Sports Global Sports Cricket Football Tennis Horse Racing F 1 Golf Motor Sports. In The City Newsmakers Hollywood Bollywood South Stars Movie Reviews Music. Bollywood Hollywood Food Travel Lifestyle Fashion. Editor's Note Letters to WKND Seminar What's Hot Interviews Pursuits Mindsport Life Coach When Hunger Strikes Beauty Basics Food and Dining. Filed on May 18, Last updated on May 18, at IMF urges policymakers to focus on developing dynamic export markets. MORE FROM Khaleej Times. 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How to Trade Forex Successfully starting with one pair - Full Workshop
How to Trade Forex Successfully starting with one pair - Full Workshop
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Even so, people still tend to judge others according to the way they behave.
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