01683cas a2200241 a 4500 AALejournalIMF008971 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451863109 1018-5941 BD-DhAAL BD-DhAAL Srour, Gabriel. The Implications of Trade Barriers for Sectoral Diversification and Macroeconomic Stability in Developing Economies / Gabriel Srour. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (26 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 examines the implications of lower trade barriers for sectoral diversification and macroeconomic stability in developing economies with a large primary goods sector. It shows that lower trade barriers can have ambiguous effects on macroeconomic stability. It shows also that diversification, in the form of equal distribution of resources between nonprimary sectors, may be counterproductive. In fact, investment in the nonprimary sector with lower trade barriers unambiguously enhances macroeconomic stability in a developing economy that is subject to substantial primary shocks. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2006/050 Full text available on IMF http://elibrary.imf.org/view/journals/001/2006/050/001.2006.issue-050-en.xml IMF e-Library