The objective of this course is to equip policymakers and practitioners from resource rich and emerging economies with a rigorous analytical and practical understanding of diversification and industrial policy as tools for achieving sustainable and inclusive growth. Drawing on international experience, particularly from Europe, Latin America, and East Asia-the course aims to strengthen participants' capacity to design, implement, and assess industrial policy frameworks suited to today's global economic environment. Special attention is given to the role of the state, innovative systems, institutions, and financial policies in fostering structural transformation and long-term growth. Upon completion of this course, participants should be able to: Analyze long-term growth and diversification challenges in resource rich and MENA economies, using stylized facts and comparative international evidence. Assess the role of the state and industrial policy in promoting structural transformation, including trade-offs between import substitution and export oriented strategies. Identify the key determinants of sustained growth, including technology, innovation, institutional quality, and the development of sophisticated industries. Design elements of an effective industrial policy framework, including sector selection, institutional arrangements, and policy instruments, with a focus on applicability to resource rich economies. Evaluate national systems of innovation, drawing lessons from the Asian Miracles and assessing their relevance for MENA economies. Understand the role of finance in industrial development, including the function of development banks and financial incentives in supporting export oriented and innovative sectors. Apply course concepts to country-specific contexts through workshops and group discussions focused on growth models, innovation systems, and financial structures in the MENA region.
