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Title Economic diversification in LICs : stylized facts and macroeconomic implications / prepared by an interdepartmental team led by Chris Papageorgiou and Nikola Spatafora
Published [Washington, D.C.] : International Monetary Fund, 2012

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Description 1 online resource (22 pages)
Series IMF staff discussion note ; SDN/12/13
IMF staff discussion note ; SDN/12/13.
Summary 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
Notes Title from PDF title page (IMF Web site, viewed Dec. 17, 2012)
Bibliography Includes bibliographical references
Notes "December 14, 2012."
Online resource; title from PDF title page (IMF, viewed Dec. 13, 2016)
Subject Diversification in industry -- Developing countries
Diversification in industry -- Developing countries -- Case studies
Diversification in industry -- Africa, Sub-Saharan -- Case studies
Diversification in industry -- East Asia -- Case studies
BUSINESS & ECONOMICS -- Industrial Management.
BUSINESS & ECONOMICS -- Management.
BUSINESS & ECONOMICS -- Management Science.
BUSINESS & ECONOMICS -- Organizational Behavior.
Diversification in industry
Sub-Saharan Africa
Developing countries
East Asia
Genre/Form Case studies
Form Electronic book
Author Papageorgiu, Chris
Spatafora, Nikolas
International Monetary Fund.
ISBN 9781475541618
1475541619
9781475580877
1475580878
9781475532180
1475532180
1475563353
9781475563351