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Diversification of income sources and its Impact on economic growth "An analytical study of the case of the United Arab Emirates

Journal: Journal of Economic Growth and Entrepreneurship (Vol.3, No. 1)

Publication Date:

Authors : ;

Page : 1-15

Keywords : Economic growth; Diversification of income sources; The united Arab Emirates; Strategy; Economic Growth Rates;

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Abstract

Our study aims to highlight the importance of the diversification strategy in income sources in raising the rates of economic growth, especially among countries dependent on a single source of income, through our study of the case of the United Arab Emirates, which adopted this strategy in order to move from the rentier economy to a productive economy that requires the participation of all sectors Economy (industry, services ……) in diversifying sources of income. Our analytical study showed the growth of added values ​​for the services and industry sectors during the study years with a significant contribution to the gross domestic product and the increase in economic growth rates, with a slow growth in the added value of the agricultural sector and a weak rate of its contribution to the gross domestic product.

Last modified: 2021-01-26 04:29:05