01703cas a2200241 a 4500 AALejournalIMF002955 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451848083 1018-5941 BD-DhAAL BD-DhAAL Srour, Gabriel. Economic Integration, Sectoral Diversification, and Exchange Rate Policy in a Developing Economy / Gabriel Srour. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (31 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The paper develops a simple three-sector model of a developing country with nominal wage rigidity, in which one sector is thought of as the primary sector and the other two are sectors in which the country can diversify. The paper then analyzes the relationship between the market structure of the nonprimary sectors and equilibrium adjustments to shocks in the primary sector. In particular, the paper examines under what conditions the country should promote one nonprimary sector over another. Among other things, it argues that developing countries should promote those sectors that are more integrated with the outside world. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2004/060 Full text available on IMF http://elibrary.imf.org/view/journals/001/2004/060/001.2004.issue-060-en.xml IMF e-Library