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Oct 2019 Walid Majdalani, Head of Investcorp Private Equity MENA company, describes the attractive chances of purchasing GCC Infrastructure, driven by the region's development and federal government efforts.
Diversity is achieve a well balanced economy,, Diversification visions and strategies exist. But there were and The, by producing an index without any qualitative/perceptions signs. The general Global EDI is made up of tracking. As commodity exporters diversify, lower their dependence on resource rents and potentially score a higher rating on the EDI.
Comparing Market Growth Potentials in Middle East EconomiesFor non-diversified nations, when rate of the product falls, there is a substantial decline in government revenue, public spending, existing account balance and global reserves: more volatility. The (consisting of major commodity exporters, not restricted to just oil) over the, throughout 25 indicators (consisting of three digital indicators). North America, Western Europe and East Asia Pacific nations leading EDI ratings for many years.
Despite the fact that structural reforms and diversification efforts carried out by the GCC impacted MENA's local ratings positively, it still lags 5 other regional groups., with the top 10 countries having less than a 10-point distinction in ratings (indicating the strength of diversity)., alongside 4 upper-middle income (China, Mexico, Turkey and Thailand) and one lower middle-income nation (India, ranked 20th, driven by its services export boom).
Amongst the e. nations ranked 51 to 70, the efficiency of Moldova, Indonesia, Armenia and Honduras stick out (when comparing 2024 vs 2000). years, offered accelerated diversification strategies of numerous oil-exporting nations. posted a consistent enhancement due to a mix of lowered dependence on fuel exports, minimized exports concentration and a modification in the structure of exports.
with oil exporters having the most affordable scores (though specific country-specific performance has actually differed in time). Tunisia, Morocco and Jordan have readings of 100+ as does the UAE while Algeria and Kuwait are on the other end of the spectrum. Across all regions, the mean score is the for both 2000 and 2024, and the highest in The United States and Canada.
In 2024, the (China was amongst the leading ranked, while Mongolia's score got worse compared to 2000)., but more to do with a "levelling up" at the bottom instead of an enhancement amongst the leading nations. By comparing the (height of the blue box), least variability is seen in South Asia in 2000 and the most in the MENA area (with difference most likely driven by the dichotomy within the area in between the resource-heavy states (e.g.
Sub-Saharan African nations account for around one-third of the overall, followed by Latin America and the Middle East (the latter 2 together accounting for over 40% of the total). Consisting of, there has been an (from 90.3 in 2000-04 to 92.6 and 92.3 in the 5 years pre- and post-pandemic ).
and ranked higher than others; UAE is up more than 45 locations in 2024 compared to 2000 while Qatar climbed up 24; both Saudi Arabia and Oman rose 17 ranks during the period. The trapped or worse off nations are some parts of Latin America and Sub-Saharan Africa where structural improvement has stalled.
shows a significant increase in typical EDI ratings from 86.8 in 2000-04 to 92.6 in 2020-24, (up more than 10 points in the initial duration versus 2020-24). with UAE outperforming in the trade sub-index (supported by recent bilateral trade contracts & non-oil exports push). vs its pre-pandemic reading (partially offered the surge in medium & high-tech manufacturing information).
Its diversity metrics have stagnated, revealing the least enhancement between the preliminary (2000-04) and final (2020-24) recommendation periods., in spite of the headwinds of OPEC+ production cuts. A robust non-hydrocarbon expansion was supported by the GCC's robust domestic need (supported by a strong job pipeline and implementation) and strong services sector performance.
Kuwait and Saudi Arabia clocked in an increase in non-hydrocarbon profits, "primarily showing non-hydrocarbon tax base growths and profits collection efficiency enhancements", according to the IMF. In the present geopolitical environment characterized by magnifying, it is in the very best interests of commodity reliant nations to diversify its export base, exports and trade partners.
Sub-Saharan African countries represent around one-third of the total, followed by Latin America and the Middle East (the latter 2 together representing over 40% of the overall). Including, there has been an (from 90.3 in 2000-04 to 92.6 and 92.3 in the 5 years pre- and post-pandemic ).
and ranked greater than others; UAE is up more than 45 locations in 2024 compared to 2000 while Qatar climbed 24; both Saudi Arabia and Oman increased 17 ranks throughout the duration. The trapped or even worse off nations are some parts of Latin America and Sub-Saharan Africa where structural improvement has stalled.
reveals a considerable boost in average EDI ratings from 86.8 in 2000-04 to 92.6 in 2020-24, (up more than 10 points in the initial duration versus 2020-24). with UAE outshining in the trade sub-index (supported by recent bilateral trade contracts & non-oil exports push). vs its pre-pandemic reading (partly given the rise in medium & state-of-the-art production data).
Its diversity metrics have actually stagnated, showing the least enhancement between the preliminary (2000-04) and last (2020-24) referral periods., in spite of the headwinds of OPEC+ production cuts. A robust non-hydrocarbon growth was supported by the GCC's robust domestic demand (supported by a strong project pipeline and implementation) and strong services sector efficiency.
Comparing Market Growth Potentials in Middle East EconomiesKuwait and Saudi Arabia clocked in an increase in non-hydrocarbon revenue, "mainly showing non-hydrocarbon tax base expansions and earnings collection efficiency enhancements", according to the IMF. In the present geopolitical environment characterized by heightening, it remains in the finest interests of commodity reliant countries to diversify its export base, exports and trade partners.
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