Open and nimble : finding stable growth in small economies.

"Front Cover" -- "Contents" -- "Acknowledgments" -- "About the Authors" -- "Abbreviations" -- "Chapter 1 Introduction" -- "Note" -- "Chapter 2 What Is a Small Economy?" -- "What Is a â Smallâ Economy?" -- "Differences in Economic Orientation among Small Economies in LAC" -- "Economic Size and Its Relationship with Growth Outcomes" -- "Notes" -- "References" -- "Chapter 3 In Search of Scale Economies with International Data" -- "Literature on Economies of Scale" -- "Economies of Scale in Trade Patterns" -- "Scale Economies in Spillovers from Foreign Direct Investment?" -- "Evidence of Scale Economies in Government" -- "Notes" -- "References" -- "Chapter 4 Implications for Economic Outcomes" -- "External Economic Volatility" -- "Higher Relative Costs of Natural Disasters" -- "Fiscal Challenges in the Context of Fixed Exchange Rates" -- "Low Savings Rates" -- "Notes" -- "References" -- "Chapter 5 Open and Nimble: How Small Economies Adapt to Their Economic Challenges" -- "Openness to Trade and Investment" -- "Nimbleness: Diversification Over Time" -- "Emigration and Remittances" -- "Notes" -- "References" -- "Chapter 6 Policy Implications" -- "Economic Characteristics of Small Economies" -- "Policy Solutions" -- "Concluding Thoughts" -- "Notes" -- "References" -- "Appendix A Distribution of Labor Force Size in Latin America and the Caribbean" -- "Figures" -- "Figure 2.1â Export Value Decomposition for Small Economies in Latin America and the Caribbean, 2014" -- "Figure 2.2â Differing Long-Term Growth Trends in Small Economies in Latin America and the Caribbean, 1981â 2013" -- "Figure 2.3â LAC Labor Force Size in 2013" -- "Figure 2.4â GDP per Capita PPP Levels in LAC, 2013" -- "Figure 2.5â Long-Run Growth Rates in LAC, 1970â 2013" -- "Figure 3.1â Number of Export Product Lines, 1995â 2013".