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Investor Presentaiton

8 6 Real GDP per capita relative to the U.S. 2 4 10 0 More reasons why resource dependence is problematic: Relative Income Decline 1970 1975 1980 1985 1990 1995 Year 2000 2005 2010 2015 Singapore UAE Saudi Arabia Kuwait Source: Cherif, R., & Hasanov, F. (2019). The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy. IMF working paper 19/74.
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