Economic Diversification in LICs: Stylized Facts and Macroeconomic Implications

Business & Finance, Economics, Money & Monetary Policy, Macroeconomics
Cover of the book Economic Diversification in LICs: Stylized Facts and Macroeconomic Implications by Chris Papageorgiou, Nicola Mr. Spatafora, INTERNATIONAL MONETARY FUND
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Chris Papageorgiou, Nicola Mr. Spatafora ISBN: 9781475541618
Publisher: INTERNATIONAL MONETARY FUND Publication: December 14, 2012
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Chris Papageorgiou, Nicola Mr. Spatafora
ISBN: 9781475541618
Publisher: INTERNATIONAL MONETARY FUND
Publication: December 14, 2012
Imprint: INTERNATIONAL MONETARY FUND
Language: English

Limited diversification is an underlying characteristic of many low-income countries (LICs). Concentration in sectors with limited scope for increases in productivity and quality may result in less broad-based and sustainable growth. Moreover, lack of diversification may increase exposure to adverse external shocks and macroeconomic instability. The SDN will have three objectives. First, to review and extend the evidence, from the existing literature and ongoing IMF work, that points to diversification as a crucial aspect of the development process. A major focus will be on cross-country and cross-regional differences in the pace of diversification. Second, to draw lessons from the experiences of those countries that have successfully diversified their economies. Third, to analyze the relationship between diversification, growth, and volatility.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Limited diversification is an underlying characteristic of many low-income countries (LICs). Concentration in sectors with limited scope for increases in productivity and quality may result in less broad-based and sustainable growth. Moreover, lack of diversification may increase exposure to adverse external shocks and macroeconomic instability. The SDN will have three objectives. First, to review and extend the evidence, from the existing literature and ongoing IMF work, that points to diversification as a crucial aspect of the development process. A major focus will be on cross-country and cross-regional differences in the pace of diversification. Second, to draw lessons from the experiences of those countries that have successfully diversified their economies. Third, to analyze the relationship between diversification, growth, and volatility.

More books from INTERNATIONAL MONETARY FUND

Cover of the book Reforma de los subsidios a la energía by Chris Papageorgiou, Nicola Mr. Spatafora
Cover of the book External Assessments in Special Cases by Chris Papageorgiou, Nicola Mr. Spatafora
Cover of the book Trade Reform and Regional Integration in Africa by Chris Papageorgiou, Nicola Mr. Spatafora
Cover of the book Fiscal Policies in Economies in Transition by Chris Papageorgiou, Nicola Mr. Spatafora
Cover of the book Economic Development of the Arab Countries: Selected Issues by Chris Papageorgiou, Nicola Mr. Spatafora
Cover of the book Managing Volatile Capital Flows: Experiences and Lessons for Sub-Saharan African Frontier Markets by Chris Papageorgiou, Nicola Mr. Spatafora
Cover of the book The IMF's Statistical Systems in Context of Revision of the United Nations' A System of National Accounts by Chris Papageorgiou, Nicola Mr. Spatafora
Cover of the book Helping Countries Develop: The Role of Fiscal Policy by Chris Papageorgiou, Nicola Mr. Spatafora
Cover of the book Finance & Development, June 1998 by Chris Papageorgiou, Nicola Mr. Spatafora
Cover of the book Transition to Market: Studies in Fiscal Reform by Chris Papageorgiou, Nicola Mr. Spatafora
Cover of the book Adjustment for Growth: The African Experience by Chris Papageorgiou, Nicola Mr. Spatafora
Cover of the book Regional Economic Outlook, November 2012: Middle East and Central Asia by Chris Papageorgiou, Nicola Mr. Spatafora
Cover of the book EUropean Monetary System: Developments & Perspectives, Occ. Paper No. 73 by Chris Papageorgiou, Nicola Mr. Spatafora
Cover of the book Back to the Future: Postwar Reconstruction and Stabilization in Lebanon by Chris Papageorgiou, Nicola Mr. Spatafora
Cover of the book Economic Reform in Hungary Since 1968 by Chris Papageorgiou, Nicola Mr. Spatafora
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy