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Why Are Some Countries Rich and Others Poor?



Economic growth of less-developed economies is key to closing the gap between rich and poor countries. Increasing access to international trade can provide markets for the goods produced by less-developed countries and also increase productivity by increasing the access to capital resources.

Suggested Citation

  • Scott A. Wolla, 2017. "Why Are Some Countries Rich and Others Poor?," Page One Economics Newsletter, Federal Reserve Bank of St. Louis, pages 1-5, September.
  • Handle: RePEc:fip:fedlpo:00034

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    Cited by:

    1. Julia Wardley-Kershaw & Klaus R. Schenk-Hoppé, 2022. "Economic Growth in the UK: The Inception," World, MDPI, vol. 3(2), pages 1-13, March.

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