When some of its productive sectors, notably the traded goods sectors, become exposed to international competition, this country typically goes through a transitional, catching-up period when it may experience in the same sectors productivity growth faster than that attained by more mature participating countries.
This catching-up process may, in turn, lead to faster price increases if the productivity growth the country gained in tradables is not matched by a similar productivity growth in its non-tradable sectors, as wages in tradables and non-tradables tend to converge.