Policy options in preparation for the post-hydrocarbon era of Brunei Darussalam
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Yap, Tsue Ing (2015) Policy options in preparation for the post-hydrocarbon era of Brunei Darussalam. PhD thesis, Victoria University.
Abstract
Brunei Darussalam, a highly hydrocarbon-dependent economy, is facing the inevitable fate of depletion of its oil and gas resources. With limited success in diversification efforts over the past decades, the future appears bleak if no urgent and effective policies are undertaken. This thesis seeks to elucidate a post-hydrocarbon scenario and various simulated policy options to revive some economic growth. This is proposed through further stimulus of selected industries under current diversification efforts and productivity growth. A recursive dynamic computable general equilibrium (CGE) model was applied, called the Brunei General Equilibrium Model (BRUGEM), which was developed specifically for this thesis.
| Item type | Thesis (PhD thesis) |
| URI | https://vuir.vu.edu.au/id/eprint/31016 |
| Subjects | Historical > FOR Classification > 1402 Applied Economics Historical > FOR Classification > 1403 Econometrics Historical > FOR Classification > 1605 Policy and Administration Current > Division/Research > Centre of Policy Studies (CoPS) |
| Keywords | economic diversification, economic forecasts, forecasting, policy simulation, economic policy, economic growth, performance, trends, productivity, energy industry, construction industry, government sector, decomposition simulation, Brunei |
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