What explains the sharply divergent long-run growth patterns?
What will be an ideal response?
The answer lies in the economic and political features of developing countries and the way these have changed over time in response to both world events and internal pressures.
You might also like to view...
Gary has won a laptop in an online auction. This implies that Gary's willingness to pay for the laptop was ________
A) higher than its market price B) lower than its market price C) higher than that of the other bidders D) lower than that of at least one bidder
Which of the following statements is true?
a. The quantity of natural resources per worker can influence productivity. b. Technological knowledge and human capital are closely related. c. Over long periods of time, the prices of most natural resources are stable or falling, relative to other prices. d. All of the above are correct.