Economic Transformation, Population Growth, and the Long-Run World Income Distribution:
This paper considers the long-run evolution of the world economy in a model where countries'' opportunities to develop depend on their trade with advanced economies. As developing countries become advanced, they further improve trade opportunities for the remaining developing countries. Wh...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2006
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 06/21 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | This paper considers the long-run evolution of the world economy in a model where countries'' opportunities to develop depend on their trade with advanced economies. As developing countries become advanced, they further improve trade opportunities for the remaining developing countries. Whether or not the world economy converges to widespread prosperity depends on the population growth differential between developing and advanced economies, the rate at which countries develop, and potentially on initial conditions. A calibration using historical data suggests that the long-run prospects for lagging developing regions, such as Africa, likely hinge on the sufficiently rapid development of China and India |
| Beschreibung: | 1 Online-Ressource (20 p) |
| ISBN: | 1451862814 9781451862812 |
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| index_date | 2024-07-03T20:13:30Z |
| indexdate | 2024-07-10T09:35:39Z |
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| spelling | Chamon, Marcos Verfasser aut Economic Transformation, Population Growth, and the Long-Run World Income Distribution Chamon, Marcos Washington, D.C International Monetary Fund 2006 1 Online-Ressource (20 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 06/21 This paper considers the long-run evolution of the world economy in a model where countries'' opportunities to develop depend on their trade with advanced economies. As developing countries become advanced, they further improve trade opportunities for the remaining developing countries. Whether or not the world economy converges to widespread prosperity depends on the population growth differential between developing and advanced economies, the rate at which countries develop, and potentially on initial conditions. A calibration using historical data suggests that the long-run prospects for lagging developing regions, such as Africa, likely hinge on the sufficiently rapid development of China and India Online-Ausg Kremer, Michael Sonstige oth http://elibrary.imf.org/view/IMF001/01978-9781451862812/01978-9781451862812/01978-9781451862812.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Chamon, Marcos Economic Transformation, Population Growth, and the Long-Run World Income Distribution |
| title | Economic Transformation, Population Growth, and the Long-Run World Income Distribution |
| title_auth | Economic Transformation, Population Growth, and the Long-Run World Income Distribution |
| title_exact_search | Economic Transformation, Population Growth, and the Long-Run World Income Distribution |
| title_exact_search_txtP | Economic Transformation, Population Growth, and the Long-Run World Income Distribution |
| title_full | Economic Transformation, Population Growth, and the Long-Run World Income Distribution Chamon, Marcos |
| title_fullStr | Economic Transformation, Population Growth, and the Long-Run World Income Distribution Chamon, Marcos |
| title_full_unstemmed | Economic Transformation, Population Growth, and the Long-Run World Income Distribution Chamon, Marcos |
| title_short | Economic Transformation, Population Growth, and the Long-Run World Income Distribution |
| title_sort | economic transformation population growth and the long run world income distribution |
| url | http://elibrary.imf.org/view/IMF001/01978-9781451862812/01978-9781451862812/01978-9781451862812.xml |
| work_keys_str_mv | AT chamonmarcos economictransformationpopulationgrowthandthelongrunworldincomedistribution AT kremermichael economictransformationpopulationgrowthandthelongrunworldincomedistribution |