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"Lost Decade" in Translation:What Japan's Crisis could Portend about Recovery from the Great Recession |
$14.04 |
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Author: Syed, Murtaza H. / Tokuoka, Kiichi / Kang, Kenneth
Publisher: INTERNATIONAL MONETARY FUND
Format: Adobe PDF
Content Language: English
ISBN: 9781451874273
Print ISBN: 9781451874273
Size: 1,466 KB
Pages: 40
Publication Date: 2004-03-31
Category: Business & Economics > International > General
Territorial Restrictions: Available Worldwide
Digital Rights: Copy Count: Disabled Copy Interval (Days): Disabled Print Count: Disabled Print Interval (Days): Disabled Read Aloud: Disabled
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This collection of studies analyzes developments in nonprice external competitiveness of France, Greece, Italy, Portugal, and Spain. While France, Italy, and Portugal have experienced substantial export market share losses, Greece and Spain performed relatively well. Export market share losses appear associated with rigidities in resource allocation (sectoral, geographical, technological) relative to peers and lower productivity gains in high value-added sectors. Disaggregated analysis of goods and services export markets provides insights on aspects such as quality, market concentration, growth of destination markets, and geographical and sectoral diversification. Also, increased import penetration, offshoring and FDI could improve productivity and export performance.
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