"This book is a pivotal reference source for the latest scholarly research on social, political, and environmental variables that affect the ability of developing countries to reach an equal standing in the global economy, highlighting theoretical foundations, critical analyses, and real-world...

"This book is a pivotal reference source for the latest scholarly research on social, political, and environmental variables that affect the ability of developing countries to reach an equal standing in the global economy, highlighting theoretical foundations, critical analyses, and real-world...

This paper proposes a pair-wise approach to testing for output convergence that considers all N(N-1)/2 possible pairs of log per capita output gaps across N economies. A general probabilistic definition of output convergence is also proposed, which suggests that all such output gap pairs must be...