List of figures |
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ix | |
List of tables |
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xii | |
Notes on contributors |
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xiii | |
Acknowledgements |
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xv | |
1 Economic diversification: new thinking |
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1 | (8) |
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1 | (1) |
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1.2 Demand-led diversification |
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2 | (2) |
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1.3 Demand and supply varieties |
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4 | (1) |
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1.4 The three roads of diversification |
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5 | (4) |
2 Industrial diversification and the evolving position of natural resources in the Canadian economy |
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9 | (28) |
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9 | (1) |
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2.2 Neither a hewer of wood nor a drawer of water-dispelling the great Canadian myth |
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10 | (1) |
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2.3 Energy in the Canadian industrial mix |
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11 | (7) |
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2.4 Coping with an inversion in Canadian exports |
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18 | (4) |
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2.5 Natural resources and current Canadian policy for science, technology and industry |
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22 | (2) |
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2.6 Canada as a developer of successful industrial diversification policies |
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24 | (3) |
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2.7 The transformation from vertical to horizontal STI policy |
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27 | (3) |
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2.8 A roadmap to a prosperous future-with or without oil |
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30 | (7) |
3 Diversification of the Saudi economy: challenges and prospects |
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37 | (22) |
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37 | (1) |
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3.2 Challenges to the Saudi economy |
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38 | (10) |
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3.3 The way forward: guidelines for identifying key sectors |
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48 | (7) |
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55 | (4) |
4 Diversification in Latin American oil exporters: was no intervention a better policy option? |
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59 | (41) |
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59 | (2) |
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4.2 Diversification in Latin American oil exporters |
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61 | (7) |
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4.3 Diversification policies in LAC countries |
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68 | (22) |
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4.4 Policies and outcomes |
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90 | (2) |
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92 | (8) |
5 Economic diversification in Malaysia: timing, path dependence and increasing returns |
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100 | (18) |
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100 | (3) |
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5.2 Historical institutionalism and path dependence |
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103 | (2) |
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5.3 Timing and path dependence: the economy and the late entry of the oil and gas industry |
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105 | (2) |
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5.4 The New Economic Policy: part of Malaysia's problem or part of Malaysia's answer to maintaining a diversified economy? |
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107 | (1) |
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5.5 The financial crises and willingness to improvise the sacred cow |
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108 | (4) |
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5.6 Instituting the diversification story |
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112 | (2) |
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114 | (4) |
6 Diversification, Dutch disease and economic growth: Options For Uganda |
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118 | (30) |
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Jean-Pascal Nguessa Nganou |
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118 | (3) |
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6.2 Diversification and the Dutch disease |
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121 | (3) |
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6.3 From natural capital to diverse kinds of capital |
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124 | (4) |
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6.4 Rent seeking, subsidies and transparency |
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128 | (5) |
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6.5 Two dimensions of diversification |
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133 | (10) |
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143 | (5) |
7 Economic diversification in Australia |
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148 | (27) |
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148 | (2) |
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7.2 Australia: a vulnerable but successful natural resource-based economy |
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150 | (5) |
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7.3 1980s-1990s: liberalising the economy to ward off the 'banana republic' |
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155 | (6) |
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7.4 2003-2014: the resources boom |
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161 | (7) |
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168 | (7) |
8 Economic diversification in Russia: nuclear to the rescue? |
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175 | (28) |
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175 | (2) |
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177 | (7) |
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8.3 The nuclear industry as a diversification strategy |
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184 | (10) |
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194 | (9) |
9 Kazakhstan's diversification strategy: are policies building linkages and promoting competition? |
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203 | (33) |
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203 | (2) |
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9.2 Kazakhstan's economic history |
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205 | (6) |
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9.3 Kazakhstan's economic development policies since independence |
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211 | (1) |
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9.4 The concept of linkages in a resource-dependent country |
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212 | (2) |
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9.5 Kazakhstan's promotion of linkages |
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214 | (12) |
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9.6 Conclusion and discussion |
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226 | (10) |
10 The role of institutions in economic diversification: the case of the UAE |
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236 | (31) |
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236 | (1) |
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10.2 What determines economic diversification? |
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237 | (2) |
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10.3 Research methodology and data |
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239 | (1) |
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10.4 Evolution of the UAE's economy |
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240 | (10) |
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10.5 The diversification mechanisms in the UAE |
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250 | (7) |
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10.6 The role of the UAE government institutions |
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257 | (4) |
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10.7 Challenges for economic diversification |
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261 | (2) |
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263 | (4) |
11 Double diversification with an application to Iceland |
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267 | (28) |
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267 | (1) |
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11.2 Economic diversification |
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268 | (5) |
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11.3 Political diversification |
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273 | (7) |
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11.4 Recap: double ascent |
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280 | (1) |
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11.5 Not by fish alone: the case of Iceland |
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280 | (11) |
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291 | (4) |
12 Industrial diversification processes and strategies in an oil economy: Norway |
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295 | (29) |
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295 | (3) |
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12.2 Oil economies and the paradox of plenty or resource curse |
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298 | (2) |
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12.3 The role of knowledge as a competitive advantage |
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300 | (3) |
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12.4 Industry analysis of natural resource based dynamics |
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303 | (12) |
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12.5 Strategies and policies for diversification in an oil economy |
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315 | (4) |
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319 | (5) |
13 Old and new directions for economic diversification policies |
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324 | (4) |
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13.1 Learning from policy successes and failures |
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324 | (1) |
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13.2 A policy panacea remains missing |
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325 | (1) |
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13.3 Epilogue: which way now? |
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326 | (2) |
Index |
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328 | |