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The Growth Performance of Developing Countries in the Last Thirty Years. Who gained? Who Lost?

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  • Horst Siebert
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    Abstract

    This paper answers the question which developing countries have gained and which have lost in the international division of labor during the last thirty years. The indicators used are GDP per capita in constant purchasing power parity and relative distance to the United States. Nearly all developing countries have improved in absolute terms over the last thirty years; many, among them China and India with large populations, have also reduced their relative distance to the United States. The paper classifies developing countries and discusses impediments to economic development and core elements of a growth strategy.

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    File URL: https://www.ifw-members.ifw-kiel.de/publications/the-growth-performance-of-developing-countries-in-the-last-thirty-years-who-gained-who-lost/kap1280.pdf
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    Bibliographic Info

    Paper provided by Kiel Institute for the World Economy in its series Kiel Working Papers with number 1280.

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    Length: 41 pages
    Date of creation: Jun 2006
    Date of revision:
    Handle: RePEc:kie:kieliw:1280

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    Related research

    Keywords: Economic development; growth; GDP per capita; stages of development; classification of developing countries; newly industrializing countries; core elements of a growth strategy; growth and equity; impediments to growth;

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    1. Williamson, John, 2000. "What Should the World Bank Think about the Washington Consensus?," World Bank Research Observer, World Bank Group, World Bank Group, vol. 15(2), pages 251-64, August.
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