NOTHING can be more uniform and undiversified
than the life of the Typees; one tranquil day of ease and happiness follows another in quiet succession; and with these unsophisicated savages the history of a day is the history of a life.
Cyprus' small and relatively undiversified
economy will remain heavily dependent on external demand for the foreseeable future.
In Maldives, economic growth continued its recovery from the 2012 dip, and inflation has slowed down, but the economy remains undiversified
, primarily depending on tourism and fisheries.
We view Qatar's economy as undiversified
," S&P stated in its report.
These services are essential to building and maintaining human capital, a key asset for an undiversified
economies dominated by energy exports-such as Venezuela and, above all, Russia -have been hit hardest by sinking prices.
We expect these strengths to offset risks related to the current volatile oil price, Kuwait's undiversified
oil economy, and what we assess as a volatile and unpredictable political system, in addition to geopolitical tensions in the region," according to the report.
Ratings agency Standard & Poors commented: "The economy is undiversified
and vulnerable to a sharp and sustained decline in global prices, despite the government's policy to promote non-hydrocarbon private sector growth.
We view Saudi Arabia's economy as undiversified
and vulnerable to a sharp and sustained decline in the oil price, notwithstanding government policy to encourage non-oil private sector growth," S&P said.
These results support the notion that the founding families' need to hedge the risk of their undiversified
personal wealth portfolio leads to suboptimal risk management decisions.
economy: high dependence of production from outcomes of Kumtor mine operation;
S&P views Saudi Arabia's economy as undiversified
and vulnerable to a sharp and sustained decline in the oil price.