Economics Dictionary of ArgumentsHome
| |||
|
| |||
| Convergence (Economics) - Economics Dictionary of Arguments | |||
| Convergence: In economics, convergence refers to the hypothesis that poorer economies tend to grow faster than richer ones, eventually "catching up" in terms of per capita income and living standards. This is often attributed to diminishing returns to capital in rich countries and the ability of poorer countries to adopt existing technologies and practices. However, this convergence is often "conditional," depending on factors like policies and institutions. See also Economic policies, Institutions, International trade, Technology, Competition._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Feenstra, Robert C. | Convergence (Economics) | Feenstra, Robert C. | |
|
Authors A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Concepts A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Ed. Martin Schulz, access date 2026-06-08 | |||
