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Economic Integration, Sectoral Diversification, and Exchange Rate Policy in a Developing Economy
By:Gabriel Srour
Published on 2004-04-01 by International Monetary Fund

The paper develops a simple three-sector model of a developing country with nominal wage rigidity, in which one sector is thought of as the primary sector and the other two are sectors in which the country can diversify. The paper then analyzes the relationship between the market structure of the nonprimary sectors and equilibrium adjustments to shocks in the primary sector. In particular, the paper examines under what conditions the country should promote one nonprimary sector over another. Among other things, it argues that developing countries should promote those sectors that are more integrated with the outside world

This Book was ranked at 38 by Google Books for keyword Nominal rigidity.

Book ID of Economic Integration, Sectoral Diversification, and Exchange Rate Policy in a Developing Economy's Books is uX6ODyhiLJIC, Book which was written byGabriel Srourhave ETAG "ZU0BjoTNVo0"

Book which was published by International Monetary Fund since 2004-04-01 have ISBNs, ISBN 13 Code is 9781451894899 and ISBN 10 Code is 1451894899

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Book which have "31 Pages" is Printed at BOOK under CategoryBusiness and Economics

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