Open and Nimble : (Record no. 5217)

MARC details
000 -LEADER
fixed length control field 03362cam a22004095i 4500
001 - CONTROL NUMBER
control field 211042
003 - CONTROL NUMBER IDENTIFIER
control field US-djbf
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20210811114303.0
006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS
fixed length control field m d
007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION
fixed length control field cr cn|||||||||
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 020129s2017 dcu o i00 0 eng
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9781464810435
Terms of availability
-- 5.00 USD
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
Canceled/invalid ISBN 9781464810428
035 ## - SYSTEM CONTROL NUMBER
System control number (The World Bank)211042
040 ## - CATALOGING SOURCE
Original cataloging agency DJBF
Language of cataloging eng
Transcribing agency DJBF
Description conventions rda
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Lederman, Daniel.
9 (RLIN) 26801
245 10 - TITLE STATEMENT
Title Open and Nimble :
Remainder of title Finding Stable Growth in Small Economies /
Statement of responsibility, etc. Daniel Lederman.
264 #1 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE
Place of production, publication, distribution, manufacture Washington, D.C. :
Name of producer, publisher, distributor, manufacturer The World Bank,
Date of production, publication, distribution, manufacture, or copyright notice 2017.
300 ## - PHYSICAL DESCRIPTION
Extent 1 online resource (132 pages)
336 ## - CONTENT TYPE
Content type term text
Content type code txt
Source rdacontent
337 ## - MEDIA TYPE
Media type term computer
Media type code c
Source rdamedia
338 ## - CARRIER TYPE
Carrier type term online resource
Carrier type code cr
Source rdacarrier
347 ## - DIGITAL FILE CHARACTERISTICS
File type data file
Source rda
490 1# - SERIES STATEMENT
Series statement Directions in Development
520 3# - SUMMARY, ETC.
Summary, etc. 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, Open and Nimble, systematically analyzes what makes small economies unique. Small economies are not necessarily prone to underdevelopment and in fact can achieve very high income levels. Small economies, however, do tend to be highly open to both international trade and foreign direct investment, have highly specialized export structures, and have large government expenditures relative to their Gross Domestic Product. The export structures of small economies are concentrated in a few products or services and in a small number of export destinations. In turn, this export concentration is associated with terms of trade volatility, which combined with high exposure to international trade, implies that small economies tend to face more volatility on average as external volatility permeates national economic life. Yet small economies tend to compensate for their export concentration by being nimble in the sense of being able to change their production and export structure relatively quickly over time. Moreover, limited territory plays a role in shaping how economies are affected by natural disasters, even when the probability of facing such disasters is not necessarily higher among small than among large economies. The combination of large governments with macroeconomic volatility seems to be associated with low national savings rates in small economies. This combination could be a challenge for long-term growth if productivity growth and foreign investment do not compensate for low domestic savings. The book finishes with some thoughts on how policy makers can respond to these issues through coordinated investments and regional integration efforts, as well as fiscal policy reforms aimed at both increasing public savings and conducting countercyclical fiscal policies.
588 ## - SOURCE OF DESCRIPTION NOTE
Source of description note Description based on print version record.
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Economic Specialization
9 (RLIN) 26802
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Economies Of Scale
9 (RLIN) 26803
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element International Trade
9 (RLIN) 26804
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Small Economies
9 (RLIN) 26805
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Volatility
9 (RLIN) 26806
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Lederman, Daniel.
9 (RLIN) 26801
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Lesniak, Justin T.
9 (RLIN) 26807
776 08 - ADDITIONAL PHYSICAL FORM ENTRY
Main entry heading Print Version:
International Standard Book Number 9781464810428
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE
Uniform title World Bank e-Library.
9 (RLIN) 26808
856 40 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="http://elibrary.worldbank.org/doi/book/10.1596/978-1-4648-1042-8">http://elibrary.worldbank.org/doi/book/10.1596/978-1-4648-1042-8</a>

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