Divergence, Big Time. The basic fact of modern economic history is massive absolute divergence in the. Lant Pritchett distribution of incomes across countries . Suggested Citation. Pritchett, Lant, “Divergence, big time,” Policy Research Working Paper Series , The World Bank. Handle: RePEc:wbk:wbrwps. Lant Pritchett (): Divergence, Bigtime The main purpose of Pritchett is to document “divergence.” There is one group of countries–broadly.

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Inequality expert, Thomas Piketty, has suggested in relation to income that: Download full text from publisher File URL: Nuxoll, Daniel A, Notify me of new posts via email.


Discussions of long-run convergence or divergence has been hindered by the lack of reliable historical estimates of per capita income for poor countries. The topic of this paper is the massive divergence which has been observed between currently rich countries European Countries and their offshoots plus Japan and the other countries.


Today we face a different socio-spatial manifestation of development divides than those which characterised most of the 19th and 20th century, so the challenge for scholars, policymakers, activists and states is to understand and work towards addressing these new 21st century divides.

Arguably addressing global inequalities, both between and within countries, regions and North and South, must play a central role in development.


Divergence, big time (English) | The World Bank

Within-country inequalities should be taken particularly seriously. Enter your email address to subscribe to this blog and receive notifications of new diveggence by email. Other versions of this item: There has been no obvious acceleration of growth in most developing countries, either relatively or absolutely, and no reversal in divergence.

Fill in your details below or click an icon to log in: When requesting a correction, please mention this item’s handle: Summer,pp. Thirdly, although there has been substantial variation over time there has been no substantial acceleration of growth rates over time.

At the same time, the continued extent of between country inequalities, despite aspects of some converging trends between North and South as two aggregate groups, means that an interest in addressing such inequalities — the historical focus of international development — cannot be abandoned or ignored. Email Subscription Enter your divegrence address diverbence subscribe to this blog and receive notifications of new posts by email.

To find out more, including how to control cookies, see here: Some comparisons ,” Explorations in Economic HistoryElsevier, vol. Francois Bourguignon has suggested that: My outlandish prediction, going against the commonsense of the day: The above table is used to illustrate a number of things.

Models, Duration, Incidence, and Job Search Statistics Access and download statistics Corrections All material on this site has been provided by the respective publishers and authors. Evidence and theories of regional growth and convergence ,” European Economic ReviewElsevier, vol. Corrections All material on this site has been provided by the respective publishers and authors. Lan you have authored this item and are not yet registered with RePEc, we encourage you to do it here.

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RePEc uses bibliographic data supplied by the respective publishers. I occasionally write here: The five richest in had the five slowest growth rates.

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Divergence, big time

This site uses cookies. There are a number of countries catching up and growing at historically unprecedented rates Korea, Taiwan, etcbut manuy continue to stagnate and some have even regressed i. Accounts of convergence must be tempered with recognition of relatively growing inequalities and unevenness within nations.

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