CHAPTER 5 ECONOMIC DIVERSIFICATION: LESSONS FROM …

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135CHAPTER 5ECONOMIC DIVERSIFICATION: LESSONS FROM PRACTICEContributed by the World Bank Group1 Abstract: ECONOMIC diversification remains a challenge for most developing countries and is arguably greatest for countries with the lowest incomes as well as for those whose economies are small, landlocked and/or dominated by primary commodity dependence. For such countries, ECONOMIC diversification is inextricably linked with the structural transformation of their economies and the achievement of higher levels of productivity resulting from the movement of ECONOMIC resources within and between ECONOMIC sectors.

services in offices and workspaces based in other countries. These developments hold potentially major welfare con-sequences for households, and for women in particular. They can greatly enhance the ability of small firms to contest markets and supply new products by improving access to information and the potential to deliver goods and services

  Development