Contents; Foreword; Acknowledgments; Abbreviations; Overview; Figure O.1 The recent commodity boom was the largest and longest of any boom since 1900; Figure O.2 Real commodity prices in local currency units increased by between 75 and 150 percent but have fallen since; Figure O.3 Slower growth should...

A group of prominent international economists consider what makes for successful convergence--what policies and economic conditions help poor countries catch up to the living standards of rich countries.