Open AccessThe Catch-up Process in a Global Economy: An Analytical Approach
Author(s) -
Irfan ul Haque
Publication year - 1997
Publication title -
the lahore journal of economics
Language(s) - English
Resource type - Journals
eISSN - 1811-5446
pISSN - 1811-5438
DOI - 10.35536/lje.1997.v2.i1.a2
Subject(s) - globe , latin americans , economics , diversity (politics) , per capita , development economics , per capita income , east asia , economy , geography , political science , china , population , sociology , demography , medicine , archaeology , law , ophthalmology
The diverse growth experience of economies across the globe is perhaps the most intriguing question that the economics profession faces. The economies of East Asia have grown rapidly over the past three decades, while the economic performance of the South Asian and Latin American countries has been relatively mediocre, although better than that of the African countries, where the per capita incomes have been generally declining. Among the developed countries also, there has been considerable diversity of economic performance.