Description: Research comprises the core of the Mohammed Bin Rashid School of Government’s mission to create knowledge, disseminate best practice and train policy makers in the Arab world.
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The world economies are shifting dramatically, driven by systemic transformations and fueled by rapid digitization, geopolitical realignments, environmental pressures, the implications of the COVID-19 pandemic, the dynamics of the fourth industrial revolution, and in response to the Sustainable Development Goals. Government leaders and global policy makers are pressed to diversify their economies and produce innovative policy responses fast. The Global Economic Diversification Index (EDI) by the Mohammed
Given the global consensus that concentration of economic activity on the exploitation of natural resources and primary commodities has generally resulted in less sustainable growth, as production and exports remain concentrated in sectors characterized by low technology spillovers and limited opportunities for productivity growth. Integrating economic diversification into national strategies can help increase a nation’s resilience to external economic shocks and drive longer-term economic growth. However