"Addresses new issues and challenges for economic growth arising from ongoing significant change in the world economy … comparative advantage and globalization increasingly has a digital dimension. The implications of these developments for the …

mechanism of per capita income convergence among countries. This paper analyzes the per capita income convergence implications … to the effect of FDI on growth is ambiguous. By applying the approach of Ben-David (1996), which focuses on convergence … among countries grouped with respect to their mutual trade, this paper presents evidence that per capita income convergence …

Technological diffusion implies a form of 'conditional convergence' as lagging countries catch up with technological … leaders. We find strong evidence of technological diffusion but not full convergence; differences in total factor productivity …

Technological diffusion implies a form of 'conditional convergence' as lagging countries catch up with technological … leaders. We find strong evidence of technological diffusion but not full convergence; differences in total factor productivity …

After the 2008 crisis, despite economic recovery that started in 2009, the world economy has experienced a downward … stagnation in developed countries and consequently in the entire world economy. This ongoing prolonged stagnation can only be … hyper-globalization. It will also be shown that this new dual economy presents serious limitations for further technological …