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dc.contributor.authorCalderón, César
dc.contributor.authorLoayza O., Norman
dc.contributor.authorSchmidt-Hebbel, Klaus
dc.date.accessioned2019-11-01T00:03:11Z
dc.date.available2019-11-01T00:03:11Z
dc.date.issued2006
dc.identifier.isbn956-7421-23-4
dc.identifier.urihttps://hdl.handle.net/20.500.12580/3707
dc.descriptionA 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.extentSección o Parte de un Documento
dc.format.mediump. 41-70
dc.language.isoeng
dc.publisherBanco Central de Chile
dc.relation.ispartofSeries on Central Banking, Analysis, and Economic Policies, no. 10
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 Chile*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/cl/*
dc.subjectDESARROLLO ECONÓMICOes_ES
dc.subjectMERCADO DE CAPITALESes_ES
dc.titleExternal conditions and growth performance
dc.type.docArtículo
dc.file.nameBCCh-sbc-v10-p041_070


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Attribution-NonCommercial-NoDerivs 3.0 Chile
Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivs 3.0 Chile