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.
| Hovedforfatter: | |
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| Format: | Bog |
| Sprog: | engelsk |
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Washington, D.C.
World Bank
Development Research Group, Macroeconomics and Growth, 1999.
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| Serier: | Policy research working paper
no.2139 |
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