Research economic development of Kurdistan Region through the telescope of diversification oil
Keywords:
Agriculture economy, Integration, Agriculture-Finance, Diversification, Development economyAbstract
The main objective of this research paper is to study the economic development of the Kurdistan region through the telescope of diversification from Oil dependent economy to a self-sufficient economy in different aspects includes mainly the agriculture sector. It also suggests the best model for shifting Kurdistan from an oil economy to an agriculture-driven economy. Diversification of economic variables for inclusive and integrated development is a challenge for many developing nations across the globe. A stable linkage is needed among the different sectors of the economy for diversification of the economy. The integration of different economic sectors by pooling their resources provides a new inventive approach to diversification. Every monotonous economy lastly has some saturation point of their carrying capacity so the best solution is to diversify the means of production despite the overexploitation of the single resource. Sustainability is the need of the present. We have to use our resources judiciously.
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