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Why Are There Rich and Poor Countries? Symmetry-Breaking in the World Economy

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NBER1996-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w5697
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To explain cross-country differences in economic performance, the economics of coordination failures typically portrays each country in a closed economy model with multiple equilibria and then argues that the poor countries are in an equilibrium inferior to those achieved by the rich. This approach
提供机构:
美国国家经济研究局
创建时间:
1996-08-01
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