Aberdeen has prospered as a result of its status as Europe's oil and gas capital, but it is clear that its economy needs to develop and evolve.

BBC: Plan to revive Aberdeen's Union Street unveiled

Yun remains optimistic that a recovery could develop quickly as the economy adds jobs, but ongoing weakness in the labor market makes that seem a ways off and other concerns remain.

FORBES: Magazine Article

The proper role of government is not to stimulate or rein in the economy but to create an environment in which people can develop their talents and take the risks from which innovation and productivity arise.

FORBES: Fact And Comment

He says he does not seek immediate secession but wants the Belgian federal shell gradually to dissolve into the EU. He has a vision not only of Flemish emancipation but of economic liberty: Flanders should be permitted to develop a liberal economy less burdened by Walloon demands for social transfers.

ECONOMIST: Charlemagne

But while they are high there is little pressure to develop other bits of the economy.

ECONOMIST: Russia's economy

These countries' politics can be rather rough-edged, but their democratic transition helped them develop a high-prosperity, high-tech economy of just the sort that Vietnam wants.

ECONOMIST: How long can the party last?

But as the United States transitions to a carbon-constrained economy, new industries would develop, consequently spawning jobs and sustaining growth while also improving air and water.

FORBES: California's Carbon Caps are Contentious but Coming