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

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Author Info
Horst Siebert
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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Publisher 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;

Find related papers by JEL classification:
F - International Economics
O - Economic Development, Technological Change, and Growth
O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
N - Economic History

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  1. Williamson, John, 2000. "What Should the World Bank Think about the Washington Consensus?," World Bank Research Observer, Oxford University Press, vol. 15(2), pages 251-64, August.
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This page was last updated on 2009-6-29.

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