Economic Convergence and Economic Policies

30 Pages Posted: 29 Sep 2009

See all articles by Jeffrey D. Sachs

Jeffrey D. Sachs

Columbia University - Columbia Earth Institute; National Bureau of Economic Research (NBER)

Andrew M. Warner

Harvard University - Center for International Development (CID)

Multiple version iconThere are 2 versions of this paper

Date Written: April 1, 1995

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

Suggested Citation

Sachs, Jeffrey D. and Warner, Andrew M., Economic Convergence and Economic Policies (April 1, 1995). CASE Network Studies and Analyses No. 35. Available at SSRN: https://ssrn.com/abstract=1479610 or http://dx.doi.org/10.2139/ssrn.1479610

Jeffrey D. Sachs (Contact Author)

Columbia University - Columbia Earth Institute ( email )

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Andrew M. Warner

Harvard University - Center for International Development (CID) ( email )

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