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...
[Washington, D.C.] :
International Monetary Fund,
|Series:||IMF staff discussion note ;