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Mr. Paulson said the crisis, which began in a weak sector, spread to stronger sectors because of the "unstructured nature of capital markets," the "dramatic increase" in private pools of capital beyond the reach of regulators, and the complexity of the derivatives and other products they invest in or trade.
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Immature national fishing industries, many of which are public sector owned, and a weak private sector affects the extent to which the fisheries sector can contribute to national development.
Lack of additional fiscal reforms, combined with large and growing public sector deficits and widespread corruption, resulted in high inflation, a weak banking sector and increased macroeconomic volatility.
A weak factory sector has been weighing on economic growth driven by consumer spending.
When Mr. Bellmon ran again for governor, Oklahoma was being battered by plunging oil prices and a weak farming sector.
Its problems include a debt crisis, an uncompetitive economy and a weak banking sector, rather than exchange rate instability.
"Inflation risks, high borrowing rates, a weak industrial sector and subdued consumption spending are amongst the main economic challenges facing the next government," Rao added.
Like other Arab economies, the country has what might be called a patriarchal economy, with a weak private sector dependent on a dominant state one.
Many private equity firms struggled in 2011, as a weak financial sector made buyouts harder to finance and execute, and lower performance fees hampered profitability.
It's a pretty dismal picture all around, and it reflects what happens when austerity policies are imposed on a country with huge debts, a fixed exchange rate, no sovereignty over monetary policy, and a weak export sector.
Together, the data portray an economy that has moved into a new stage of its decade-long expansion, buffeted by a weak manufacturing sector but sustained by resilient service industries.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com