Abstract | Keywords | Export | Availability | Bookmark

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

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 external shocks and macroeconomic instability. The SDN will have three objectives. First, to review and extend the evidence, from the existing literature and ongoing IMF work, that points to diversification as a crucial aspect of the development process. A major focus will be on cross-country and cross-regional differences in the pace of diversification. Second, to draw lessons from the experiences of those countries that have successfully diversified their economies. Third, to analyze the relationship between diversification, growth, and volatility.

Diversification in industry --- Industrial diversification --- Product diversification --- Input-output analysis --- Barriers to entry (Industrial organization) --- Multiproduct firms --- E-books --- Exports and Imports --- Macroeconomics --- Industries: Manufacturing --- Empirical Studies of Trade --- Macroeconomic Analyses of Economic Development --- Economic Growth and Aggregate Productivity: General --- Trade: General --- Industrial Organization and Macroeconomics: Industrial Structure and Structural Change --- Industrial Price Indices --- Labor Economics: General --- Industry Studies: Manufacturing: General --- Personal Income, Wealth, and Their Distributions --- International economics --- Economic growth --- Labour --- income economics --- Manufacturing industries --- Exports --- Structural transformation --- Labor --- Manufacturing --- Personal income --- International trade --- Economic sectors --- National accounts --- Economic development --- Labor economics --- Income --- Malaysia --- Income economics