Small states, small problems?

Small states, no different from large states in income and growth, should receive the same policy advice large states do. Because of their greater openness, they may be more vulnerable to volatility in terms-of-trade shocks--but their openness pays off in growth

Bibliographic Details
Main Author: Easterly, William
Corporate Author: World Bank Development Research Group
Other Authors: Kraay, Aart
Format: eBook
Language:English
Published: Washington, DC (1818 H St., NW, Washington 20433) World Bank, Development Research Group, Macroeconomics and Growth 1999
Series:Policy research working paper
Subjects:
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
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520 |a Small states, no different from large states in income and growth, should receive the same policy advice large states do. Because of their greater openness, they may be more vulnerable to volatility in terms-of-trade shocks--but their openness pays off in growth