Sustaining Long-Run Growth and Macroeconomic Stability in Low-Income Countries : The Role of Structural Transformation and Diversification

Diversification and structural transformation play important roles in influencing the macroeconomic performance of low-income countries (LICs). Increases in income per capita at early stages of development are typically accompanied by a transformation in a country's production and export structure. This can include diversification into new products and trading partners as well as increases in the quality of existing products

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Year of publication:	2014
Institutions:	International Monetary Fund
Publisher:	Washington, D.C : International Monetary Fund
Subject:	Wirtschaftswachstum \| Economic growth \| Entwicklungsländer \| Developing countries \| Strukturwandel \| Structural change \| Diversifikation \| Diversification \| Entwicklung \| Economic development