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: 2020-01-30
Authors : Fekir Kamel Yousfat Ali;
Page : 1-15
Keywords : Economic growth; Diversification of income sources; The united Arab Emirates; Strategy; Economic Growth Rates;
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.
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Last modified: 2021-01-26 04:29:05