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The growth performance of developing countries in the last thirty years: Who gained? - Who lost?

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  • Siebert, Horst

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.

Suggested Citation

  • Siebert, Horst, 2006. "The growth performance of developing countries in the last thirty years: Who gained? - Who lost?," Kiel Working Papers 1280, Kiel Institute for the World Economy (IfW Kiel).
    • Handle: RePEc:zbw:ifwkwp:1280
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    File URL: https://www.econstor.eu/bitstream/10419/3832/1/kap1280.pdf
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    References listed on IDEAS

    as
    1. Williamson, John, 2000. "What Should the World Bank Think about the Washington Consensus?," The World Bank Research Observer, World Bank, vol. 15(2), pages 251-264, August.
    2. Prebisch, Raúl, 1950. "The economic development of Latin America and its principal problems," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 29973, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
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    More about this item

    Keywords

    Growth; GDP per capita; Stages of development; Classification of developing countries; Newly industrializing countries; Economic development;
    All these keywords.

    JEL classification:

    • F - International Economics
    • O - Economic Development, Innovation, Technological Change, and Growth
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • N - Economic History

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