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220928 ||| eng |
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|a 9781475532180
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100 |
1 |
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|a Papageorgiou, Chris
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245 |
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|a Economic Diversification in LICs
|b Stylized Facts and Macroeconomic Implications
|c Chris Papageorgiou, Nikola Spatafora
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2012
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300 |
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|a 22 pages
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651 |
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4 |
|a Malaysia
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653 |
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|a Manufacturing industries
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653 |
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|a Income
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653 |
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|a Labour; income economics
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653 |
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|a Economic development
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653 |
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|a Personal income
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653 |
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|a Manufacturing
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653 |
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|a Industrial Price Indices
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653 |
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|a Trade: General
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653 |
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|a Exports and Imports
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653 |
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|a Economic sectors
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653 |
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|a International economics
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653 |
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|a Industry Studies: Manufacturing: General
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653 |
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|a National accounts
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653 |
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|a Personal Income, Wealth, and Their Distributions
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653 |
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|a Labor
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653 |
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|a Industries: Manufacturing
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653 |
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|a International trade
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653 |
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|a Macroeconomic Analyses of Economic Development
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653 |
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|a Exports
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653 |
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|a Labor Economics: General
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653 |
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|a Economic growth
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653 |
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|a Macroeconomics
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653 |
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|a Economic Growth and Aggregate Productivity: General
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653 |
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|a Empirical Studies of Trade
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653 |
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|a Industrial Organization and Macroeconomics: Industrial Structure and Structural Change
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653 |
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|a Structural transformation
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653 |
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|a Labor economics
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700 |
1 |
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|a Spatafora, Nikola
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041 |
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|a eng
|2 ISO 639-2
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989 |
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|b IMF
|a International Monetary Fund
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490 |
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|a Staff Discussion Notes
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856 |
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|u https://elibrary.imf.org/view/journals/006/2012/013/006.2012.issue-013-en.xml?cid=40166-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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520 |
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|a 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
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