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The crisis has made diversification look smart.
Where neighbouring California, also hit hard, at least had technology and other "knowledge industries" to fall back on, Nevada has almost nothing.This is why Mr Sandoval, upon becoming governor last year, made diversification his priority.
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Abi Davies says many associations are still not sure how to make diversification viable or make it fit with the rest of their business and.
Most of the alumni interviewed are from the 1960s and 1970s, when the administration started to make diversification of the student body a priority.
Regulations discourage investors from improving the way food gets from field to shop, which would make diversification less risky and raise incomes.When Cargill, an American multinational, tried to buy wheat direct from farmers, bypassing the mandi system, middlemen persuaded the state government to force the company out.
The currency issues still make diversification critical".
Perhaps higher education is now among only a few institutions that makes diversification a moral imperative.
It also makes diversification moves to avoid local minima.
Mr Harper has made trade diversification one of his signature themes.
The likes of Harry Markowitz, Bill Sharpe and Myron Scholes developed theories to explain the link between risk and reward, the gains to be made through diversification and the framework for valuing financial options.In recent years, however, some of these concepts have come under attack.
A good mathematical case can be made for diversification.
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