Catching Up or Falling Behind?

Silvio Borner, Aymo Brunetti and Beatrice Weder

Chapter 1 in Political Credibility and Economic Development, 1995, pp 3-15 from Palgrave Macmillan

Abstract: Abstract This chapter analyses the cross-country growth experience of LDCs and compares it with the predictions of growth theory. The main message will be that the puzzle of why many LDCs fail to keep pace with economic development can be resolved by analysing their political systems.

Keywords: Latin American Country; Growth Theory; Endogenous Growth Model; Capita Growth Rate; Conditional Convergence (search for similar items in EconPapers)
Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-24049-4_1

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DOI: 10.1007/978-1-349-24049-4_1

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