01836cas a2200253 a 4500 AALejournalIMF020600 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498345699 2663-3493 BD-DhAAL BD-DhAAL International Monetary Fund. Economic Diversification in Oil-Exporting Arab Countries. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (40 pages) Policy Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students countries face similar challenges to create jobs and foster more inclusive growth. The current environment of likely durable low oil prices has exacerbated these challenges. The non-oil private sector remains relatively small and, consequently, has been only a limited source of growth and employment. Because oil is an exhaustible resource, new sectors need to be developed so they can take over as the oil and gas industry dwindles. Over-reliance on oil also exacerbates macroeconomic volatility. Greater economic diversification would unlock job-creating growth, increase resilience to oil price volatility and improve prospects for future generations. Macro-economic stability and supportive regulatory and institutional frameworks are key prerequisites for economic diversification... Mode of access: Internet Algeria imf Policy Papers; Policy Paper ; No. 2016/028 Full text available on IMF http://elibrary.imf.org/view/journals/007/2016/028/007.2016.issue-028-en.xml IMF e-Library