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Open and nimble : finding stable growth in small economies. /

Does economic size matter for economic development outcomes? If so are current policies adequately addressing the role of size in the development process? Using working age population as a proxy for country size, this publication systematically analyzes what makes small economies unique. Small econo...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Lederman, Daniel, 1968- (Autor), Lesniak, Justin T. (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, DC : World Bank Group, [2018]
Colección:Directions in development (Washington, D.C.). Countries and regions.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Introduction
  • What Is a Small Economy?
  • In Search of Scale Economies with International Data
  • Implications for Economic Outcomes
  • Open and Nimble: How Small Economies Adapt to Their Economic Challenges
  • Policy Implications
  • Appendix A. Distribution of Labor Force Size in Latin America and the Caribbean.
  • Front Cover
  • Contents
  • Acknowledgments
  • About the Authors
  • Abbreviations
  • Chapter 1 Introduction
  • Note
  • Chapter 2 What Is a Small Economy?
  • What Is a â#x80;#x9C;Smallâ#x80;#x9D; Economy?
  • Differences in Economic Orientation among Small Economies in LAC
  • Economic Size and Its Relationship with Growth Outcomes
  • Notes
  • References
  • Chapter 3 In Search of Scale Economies with International Data
  • Literature on Economies of Scale
  • Economies of Scale in Trade Patterns
  • Scale Economies in Spillovers from Foreign Direct Investment?
  • Evidence of Scale Economies in GovernmentNotes
  • References
  • Chapter 4 Implications for Economic Outcomes
  • External Economic Volatility
  • Higher Relative Costs of Natural Disasters
  • Fiscal Challenges in the Context of Fixed Exchange Rates
  • Low Savings Rates
  • Notes
  • References
  • Chapter 5 Open and Nimble: How Small Economies Adapt to Their Economic Challenges
  • Openness to Trade and Investment
  • Nimbleness: Diversification Over Time
  • Emigration and Remittances
  • Notes
  • References
  • Chapter 6 Policy Implications
  • Economic Characteristics of Small EconomiesPolicy Solutions
  • Concluding Thoughts
  • Notes
  • References
  • Appendix A Distribution of Labor Force Size in Latin America and the Caribbean
  • Figures
  • Figure 2.1â#x80;#x82;Export Value Decomposition for Small Economies in Latin America and the Caribbean, 2014
  • Figure 2.2â#x80;#x82;Differing Long-Term Growth Trends in Small Economies in Latin America and the Caribbean, 1981â#x80;#x93;2013
  • Figure 2.3â#x80;#x82;LAC Labor Force Size in 2013
  • Figure 2.4â#x80;#x82;GDP per Capita PPP Levels in LAC, 2013
  • Figure 2.5â#x80;#x82;Long-Run Growth Rates in LAC, 1970â#x80;#x93;2013Figure 3.1â#x80;#x82;Number of Export Product Lines, 1995â#x80;#x93;2013
  • Figure 3.2â#x80;#x82;Herfindahl-Hirschman Index, 1995â#x80;#x93;2013
  • Figure 3.3â#x80;#x82;Relationship between Size and Openness
  • Figure 3.4â#x80;#x82;Relationship between Openness and Number of Export Lines
  • Figure 3.5â#x80;#x82;Partial Correlation between Size and Number of Export Lines, Controlling for Openness
  • Figure 3.6â#x80;#x82;Partial Correlation between Openness and Number of Export Lines, Controlling for Size
  • Figure 3.7â#x80;#x82;Number of Export Markets, 1995â#x80;#x93;2013
  • Figure 3.8â#x80;#x82;Herfindahl-Hirschman Index Export Markets, 1995â#x80;#x93;2013Figure 3.9â#x80;#x82;Share of Exports in Increasing Returns to Scale Products, 1995â#x80;#x93;2013
  • Figure 3.10â#x80;#x82;Backward Linkages Increase with Size
  • Figure 3.11â#x80;#x82;Effects of Different Sectors on the Propensity to Form Backward Linkages
  • Figure 3.12â#x80;#x82;Partial Correlation between Backward Linkages and Labor Force Size, Controlling for Average Years of Education Attained
  • Figure 3.13â#x80;#x82;Partial Correlation between Backward Linkages and Average Years of Education Attained, Controlling for Labor Force Size
  • ""Figure 3.14â#x80;#x82;Government Spending as a Share of GDP, 1990â#x80;#x93;2013""