ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Are Poor Countries Coming Closer to the Rich

Prabirjit Sarkar Growth patterns in the last three decades have not shown any signs of convergence. A typically poor country in the early 1960s did not experience higher real growth. Hence there is no catching up of the standard of living of the rich countries by the poor countries.

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