South-East Asia has been the chief beneficiary of companies' decisions to diversify out of China.
During the 1920s and 1930s, it struggled to diversify out of textiles.
In practice, he says, farmers cannot afford to diversify out of coffee when the price falls.
The push to diversify out of dollars was strongest three years ago, but persists today.
A common fear is that Asia's central banks will diversify out of their large holdings of American debt.
The government would like to diversify out of dollars: its new purchases of Treasury securities have fallen sharply this year.
Many are eager to diversify out of the Middle East, and so have an eye on Africa's vast untapped reserves.
You simply cannot understand Detroit's fall without considering the role of globalization and the city's failure to diversify out of autos.
ACS, which wants to diversify out of construction into the energy sector, has built up a 12.6% stake in Iberdrola, making it the utility's largest shareholder.
Somewhat surprisingly, Mr. Brown also advised income-oriented investors seeking to diversify out of the dollar to favor stocks over bonds, which are often expensively hedged.
