Yang, Yongzheng; Chen, Hong; Singh, Shiu raj; Singh, Baljeet - International Monetary Fund (IMF) - 2013
This study aims to test within a relatively homogeneous group of small states what differentiates the growth … lower initial incomes, and slower population growth have helped offset some of these disadvantages. On balance, policy …-related factors, together with geography-related disadvantages, have led to growth rates in PICs that are much lower than in other …