Excessive concentration increases national risk in an uncertain world. This paper views economic and political … diversification as an essential aspect of national risk management aimed at promoting efficiency, growth, and welfare. The paper first … presents economic and political diversification side by side in a cross-country framework and discusses how they interact and …

the positive relationship between democracy and industrial diversification. … ask whether democracy also has a stabilizing effect on trend-volatility, i.e. whether more democratic countries experience … policies and financial development, we find that democracy is the most robust predictor of a country's propensity for growth …

Export diversification, or the breadth of exports of an economy, is increasingly seen as a means of accelerating … structures may not be adequately reflected in diversification measurements based on gross exports. This paper develops a new … indicator of export diversification based on value added in sectors contributing to exports. For most Asia and the Pacific …

diversification, while the feedback effect of diversification on GDP per capita may be delayed. This pattern fits into theoretical … rationales that view diversification as driven by technology or efficiency and where diversification generates additional …

The aim of the study is to consider the concept of diversification in the context of foreign trade, to clarify the … classification of types of foreign trade diversification, ways to assess the level and to conduct a mass assessment of the level of … foreign trade diversification of countries. The justification of the undertaken topic is that the national economies of the …