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Sticky feet

ISBN: 978-1-4648-0264-5
Editorial: The World Bank Group
Licencia: Creative Commons (by)
Autor(es): Hollweg, Claire; [et al.]

After two decades of global trade liberalization and other structural reforms, most developing countries today are open and well integrated into the global economy. Openness helps diversify sources of economic fluctuations, which is
good for economic stability. It mitigates the impact of changes in domestic demand and supply on domestic prices, for example, and gives countries new opportunities for growth by expanding their access to international markets.
[Washington, DC: 2014]

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