Kiel Working Papers, Kiel Institute for World Economics
No 1280:
The Growth Performance of Developing Countries in the Last Thirty Years. Who gained? Who Lost?
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.
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; (follow links to similar papers)
JEL-Codes: F,; O,; O40,; N; (follow links to similar papers)
41 pages, June 2006
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