Why are Some Countries so Poor?: Another Look at the Evidence and a Message of Hope
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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The paper attempts to explain why single factor explanations of the poverty of nations are usually found to be unsatisfactory. Middle- and low-income countries excluding sub-Saharan Africa, for instance, have an income per head which stands at about one third of the rich countries’ income per head. Yet each of the three items of the Solow model,...
