Economic Benefits of Export Diversification in Small States /

The paper considers concepts of economic diversification with respect to exports (including service sectors) for small states. We assessed the economic performance of different groups of 34 small states over the period of 1990-2015 and found those more diversified experienced lower output volatility...

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Detalhes bibliográficos
Autor principal: McIntyre, Arnold
Outros Autores: Wang, Ke, Xin Li, Mike, Yun, Hanlei
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2018.
coleção:IMF Working Papers; Working Paper ; No. 2018/086
Acesso em linha:Full text available on IMF
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100 1 |a McIntyre, Arnold. 
245 1 0 |a Economic Benefits of Export Diversification in Small States /  |c Arnold McIntyre, Mike Xin Li, Ke Wang, Hanlei Yun. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2018. 
300 |a 1 online resource (23 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The paper considers concepts of economic diversification with respect to exports (including service sectors) for small states. We assessed the economic performance of different groups of 34 small states over the period of 1990-2015 and found those more diversified experienced lower output volatility and higher average growth than most other small states. Our findings are consistent with conventional economic theories but we found that export diversification has a more significant impact on reducing output volatility than improving long run growth in small states. Diversification requires fundamental changes and should be contemplated in the context of a cohesive development strategy. 
538 |a Mode of access: Internet 
700 1 |a Wang, Ke. 
700 1 |a Xin Li, Mike. 
700 1 |a Yun, Hanlei. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2018/086 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2018/086/001.2018.issue-086-en.xml  |z IMF e-Library