Hausmann, Ricardo; Pritchett, Lant; Rodrik, Dani - 2022
Unlike most cross-country growth analyses, we focus on turning points in growth performance. We look for instances of … rapid acceleration in economic growth that are sustained for at least eight years and identify more than 80 such episodes … since the 1950s. Growth accelerations tend to be correlated with increases in investment and trade, and with real exchange …