Economic diversification Custom Essay

Economic diversification in Brunei was adopted as a goal of national policy as early as the Second National Development Plan (1962-1966) and stated explicitly as a goal in the Third National Development Plan. Brunei’s failure to diversify – despite much effort and despite good governance. Despite considerable strengths and advantages, the fact is that Brunei has failed quite substantially in its efforts to diversify its economy. In terms of what drives the economy, it is still very much oil and gas directly or indirectly through government spending. When oil prices fall sharply, the economy weakens severely. This failure is not because of a lack of effort. There have been several efforts to diversify, especially since the late 1990s. Yet, there has been little progress in terms of projects that get off the ground or significant new engines of growth.

Get your Medical Science Assignment, HealthCare and Nursing Assignment from experts. We have qualified and skilled writers for your Medical sciences Assignments.

Place a similar or related assignment with us.
Assignment done from scratch and is 100% Original. Not Plagiarized.

Use the discount code PAPER15 to get 15% Discount at all assignments.

Type of paper Academic level Subject area
Number of pages Paper urgency Cost per page: