The Arab
Planning Institute (API) in Kuwait organized a training program in " Economic
diversification policies " in the Kingdom of Morocco during the period
from 29/4/2019 to 3/5/2019.
The aim of this
program is to discuss the problem of the dependence of several countries,
particularly the Arab countries, on some natural resources, which are often the
main pillars of the economy in terms of production, export, financial revenues
and attracting foreign investment. It also clarifies the risks related to the
economies dominated by these natural resources and the importance of economic
diversification to reduce these risks.
The program has
introduced the concept and objectives of economic diversification and the
relation between diversification and economic and social development. It also
identified key indicators that reflect the efforts of countries to diversify
their economies. After a review of successful and pioneering experiences of
some emerging countries, the program identified how these experiences can be
used to formulate and develop economic diversification policies in Arab
countries. The program focused on Morocco and its experience compared to a
group of countries, especially Arab countries.