Economic Diversification
The Danger of Priority Sectors
Priority sectors can lead to imbalances, diverting finance to businesses that would collapse when government support ceases to exist. We help decision makers in creating a regulatory and institutional framework able to attract competitive businesses and sectors that do not require public funding to succeed.
Identify Attractive Infrastructure Projects
Government funding of infrastructure projects risks wasting resources on building facilities that will never be fully utilized. We help leaders create a system designed to identify infrastructure projects that would attract dynamic and competitive businesses, able to perform structural transformations.
Dedicated Trade Policy for Economic Diversification
Technological innovations, automation, and globalization are already performing structural transformations across the world. We assist leaders in designing competitive trade policies that would attract foreign direct investment in high added-value industries, facilitate import/export activities, and reduce local production costs.