Small states, small problemsn

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.

Bibliographische Detailangaben
1. Verfasser: Easterly, William Russell
Körperschaft: World Bank. Development Research Group. Macroeconomics and Growth
Weitere Verfasser: Kraay, Aart
Format: Buch
Sprache:English
Veröffentlicht: Washington, D.C. World Bank Development Research Group, Macroeconomics and Growth, 1999.
Schriftenreihe:Policy research working paper no.2139
Schlagworte: