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The Next Convergence: The Future of Economic Growth in a Multispeed World

Michael Spence




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 | #205159 in eBooks |  2011-05-10 |  2011-05-10 | File type: PDF

||0 of 0 people found the following review helpful.| Modern Economic Growth in the Globalized World|By Val Samonis|The book is a product of the independent High Level Commission on Growth and Development that completed its work in 2010. Members of the Commission included leaders of social and economic transformations internationally and top global experts such as Robert Solow, the father of modern growth theory, and Mohamed El-Er| |
|“Contrary to his book’s title, Nobel Prize–winning economist Spence does less prognosticating than one might expect. Indeed, early on he shares a chart showing just how inaccurately economists predicted growth during the

A Washington Post Notable Nonfiction Book for 2011

With the British Industrial Revolution, part of the world's population started to experience extraordinary economic growth—leading to enormous gaps in wealth and living standards between the industrialized West and the rest of the world. This pattern of divergence reversed after World War II, and now we are midway through a century of high and accelerating growth in the developing world and a new c...

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