External conditions and growth performance

dc.contributor.author	Calderón, César
dc.contributor.author	Loayza O., Norman
dc.contributor.author	Schmidt-Hebbel, Klaus
dc.date.accessioned	2019-11-01T00:03:11Z
dc.date.available	2019-11-01T00:03:11Z
dc.date.issued	2006
dc.identifier.isbn	956-7421-23-4
dc.identifier.uri	https://hdl.handle.net/20.500.12580/3707
dc.description	A central dimension of globalization is the world trend toward larger trade and financial openness, observed in most industrial and developing economies. Openness increases the integration of world goods and capital markets, contributing to potential gains in growth and welfare. However, increased integration may also lead to heightened vulnerability to external shocks. This vulnerability may be particularly important in developing countries, given their production specialization, nondiversified sources of income, unstable policies, incomplete financial markets, and weak institutions.
dc.format	.pdf
dc.format.extent	Sección o Parte de un Documento
dc.format.medium	p. 41-70
dc.language.iso	eng
dc.publisher	Banco Central de Chile
dc.relation.ispartof	Series on Central Banking, Analysis, and Economic Policies, no. 10
dc.rights	Attribution-NonCommercial-NoDerivs 3.0 Chile	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/cl/	*
dc.subject	DESARROLLO ECONÓMICO	es_ES
dc.subject	MERCADO DE CAPITALES	es_ES
dc.title	External conditions and growth performance
dc.type.doc	Artículo
dc.file.name	BCCh-sbc-v10-p041_070

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