Question: What are two kinds of programs that governments in developing countries could enact to promote economic convergence? How would they help? Does the quicker growth
- What are two kinds of programs that governments in developing countries could enact to promote economic convergence? How would they help?
- Does the quicker growth rate of other economies mean the U.S. is regressing relative to other countries? Does that mean these countries will eventually overtake the U.S. in terms of rate of growth of per capital real GDP?
- Is economic convergence something that the US should worry about? Should we help developing countries grow to catch up to us or focus on making the US even stronger?
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