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Economic Convergence and Economic Policies

Jeffrey Sachs and Andrew Warner

No 35, CASE Network Studies and Analyses from CASE-Center for Social and Economic Research

Abstract: Many of the crucial debates in development economics are encapsulated in the question of economic convergence. Is there a tendency for the poorer countries to grow more rapidly than the richer countries, and thereby to converge in living standards? Or instead, are there tendencies for the "rich to get richer, and the poor to get poorer," so that the gap between rich and poor nations tends to widen over time?

Keywords: economic convergence; economic policy (search for similar items in EconPapers)
Pages: 30 Pages
Date: 1995
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Citations: View citations in EconPapers (142)

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Working Paper: Economic Convergence and Economic Policies (1995)
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