Economic Diversification in LICs : Stylized Facts and Macroeconomic Implications /

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...

Full description

Bibliographic Details
Main Author: Papageorgiou, Chris
Other Authors: Spatafora, Nikola
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2012.
Series:Staff Discussion Notes; Staff Discussion Notes ; No. 2012/013
Online Access:Full text available on IMF