GSTDTAP  > 地球科学
The New Era of Unconditional Convergence
admin
2021-02-23
发布年2021
语种英语
国家加拿大
领域地球科学
正文(英文)

The central fact that has motivated the empirics of economic growth—namely unconditional divergence—is no longer true and has not been so for decades. Across a range of data sources, poorer countries have in fact been catching up with richer ones, albeit slowly, since the mid-1990s. This new era of convergence does not stem primarily from growth moderation in the rich world but rather from accelerating growth in the developing world, which has simultaneously become remarkably less volatile and more persistent. Debates about a “middle-income trap” also appear anachronistic: middle-income countries have exhibited higher growth rates than all others since the mid-1980s.

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来源平台Canadian Institute of Mining, Metallurgy and Petroleum
文献类型新闻
条目标识符http://119.78.100.173/C666/handle/2XK7JSWQ/316770
专题地球科学
推荐引用方式
GB/T 7714
admin. The New Era of Unconditional Convergence. 2021.
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