Considering the determinants of productivity, list and explain some things that would tend to prohibit or limit a poor country's ability to catch up with rich ones.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter32: Macroeconomic Policy Around The World
Section: Chapter Questions
Problem 15RQ: What other factors, aside from labor productivity, capital investment, and technology, impact the...
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Considering the determinants of productivity, list and explain some things that
would tend to prohibit or limit a poor country's ability to catch up with rich ones.
Transcribed Image Text:Considering the determinants of productivity, list and explain some things that would tend to prohibit or limit a poor country's ability to catch up with rich ones.
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