convergence by facilitating the migration of workers out of the low-productivity agricultural sector into the industry and … convergence with frontier countries. This has the potential to lift millions more out of poverty without exacerbating income …

inequality. An estimated baseline convergence model captures the long-term effect of human capital and total investment on …

An estimated baseline convergence model capturing the long-term effect of human capital and physical investment on … increase the speed of convergence of catching-up countries. Public investment is more beneficial in some areas than others …

percent. Average productivity growth in EMDEs has picked up rapidly since 2000, renewing interest in the convergence … rate of convergence remains low, with current growth differentials halving the productivity gap only after over 100 years …. Behind the low average pace of convergence lies considerable diversity among groups of countries converging toward different …