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005    20240731073705.0
006    m     o  d
008    020129s2024    dcu     o    i00  0 eng d
020    979-84-00-27205-9
035    (CKB)5470000003738452
035    (IMF)WPIEA2024074
035    (EXLCZ)995470000003738452
040    DcWaIMF |beng |erda
100 1  Cherif, Reda.
245 10 Call of Duty: Industrial Policy for the Post-Oil Era / |cReda Cherif, Fuad Hasanov, Madi Sarsenbayev.
246    Call of Duty
264  1 Washington, D.C. : |bInternational Monetary Fund, |c2024.
300    1 online resource (44 pages)
336    text |btxt |2rdacontent
337    computer |bc |2rdamedia
338    online resource |bcr |2rdacarrier
490 1  IMF Working Papers
520 3  Oil-exporting economies face the risk of an acceleration in the energy transition. A risk-based approach calls for urgent preparation for the post-oil era by diversifying exports and transforming the prevailing growth model. We outline the principles of industrial policy to achieve this objective based on the experience of the Asian Miracles and propose a sketch of the strategy required to transform these principles into practice. The key component of the strategy is to select sectors along two dimensions—proximity to the current production structure or capabilities set and a timeframe for results to materialize. The three strategies—snail crawl, leapfrogging, and moonshots—determine how far from the current production structure the selected sectors are. These sectors need to show results both in the short run to jumpstart growth and ensure policy continuity—“quick wins”—and the long run to create a new growth model—“transformative gains.” We argue that the strategy should focus on supporting the exports of sophisticated sectors in both manufacturing and services while capitalizing on complex tasks and activities in existing industries but should leave non-sophisticated sectors such as tourism and non-tradable services to the private sector.
588    Description based on print version record.
650  7 Choice of Technology |2imf
650  7 Climate change |2imf
650  7 Climatic changes |2imf
650  7 Comparative Studies of Countries |2imf
650  7 Currency crises |2imf
650  7 Economic & financial crises & disasters |2imf
650  7 Economics of specific sectors |2imf
650  7 Economics |2imf
650  7 Economics: General |2imf
650  7 Energy: Demand and Supply |2imf
650  7 Energy: General |2imf
650  7 Energy: Government Policy |2imf
650  7 Environmental Conservation and Protection |2imf
650  7 Exports and Imports |2imf
650  7 Exports |2imf
650  7 Industrial Policy |2imf
650  7 Industrialization |2imf
650  7 Informal sector |2imf
650  7 International economics |2imf
650  7 International trade |2imf
650  7 Macroeconomics |2imf
650  7 Manufacturing and Service Industries |2imf
650  7 Oil exports |2imf
650  7 Oil prices |2imf
650  7 Prices |2imf
650  7 Trade: General |2imf
776     |z979-84-00-27099-4
700 1  Hasanov, Fuad.
700 1  Sarsenbayev, Madi.
830  0 IMF Working Papers; Working Paper ; |vNo. 2024/074
906    BOOK