Chari, Anusha; Henry, Peter Blair - In: American Economic Review 104 (2014) 5, pp. 260-65
From 1980 to 1992, emerging and developing countries grew by 3.4 percent per year. Their annual rate of growth increased to 5.4 percent between 1993 and 2012. No such increase occurred for advanced nations, whose average growth from 1980 to 2012 was roughly constant (excluding the impact of the...