Economic Growth and Cycles in Asia and Africa in the 20th Century
During the 20th century some important asian countries have experienced a great growth of GDP and population, mainly in China and India. The relations among both variables and the analysis of growth and fluctuations in these countries during the 20th century is the main purpose of this paper. The paper refers some features of all the century but the analysis is specially performed with data of the second half of this period. We also present a general view of economic growth and fluctuations in Asia and Africa and fit some econometric models that contribute to analyse the causes that explain that evolution. We also compare the fluctuations and growth of these areas with OECD countries, and recommend some policies to improve the economic performance of the countries of our study.
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