• Corpus ID: 11192719

Forget Convergence: Divergence Past, Present, and Future

  title={Forget Convergence: Divergence Past, Present, and Future},
  author={Lant Pritchett},
Looking for evidence of income convergence among the world’s nations has become a fashionable pursuit. Far from narrowing, the gap between the incomes of the rich and poor countries has grown markedly and is likely to widen further. 
The Effects of Learning on Growth-Divergence and Convergence-Club Memberships
Two themes dominate the contours of world development—progress and divergence. The rich and the poor countries are diverging into two “clubs”—the progressive and the stagnant. Leading theoretical
Abstract This essay analyses four possible outcomes of the transition to tomorrow's global information society. Using scenario building methods the essay describes and analyses the pathways the
Development in a Time of Globalization
The paper examines grounds on which a `second opinion’ to the Washington Consensus may be constructed using data for a sample of 123 rich and poor nations for the period from 1960 to 1995. The
The pitfalls of convergence analysis: is the income gap really widening?
A number of studies have tested whether, globally, per capita incomes are converging over time. To date, the majority of studies find no evidence of absolute convergence, but many find evidence of
Introduction: Transnational Corporations and the Global Economy
There is a growing consensus that the approaching millenium is not only a notable event in calendar time but also marks a profound historical turning point ending a distinct era of capitalist
Income Convergence and Growth in Alabama: Evidence from Sub-county Level Data
1980 and 2000 Census Block Group (CBG) data were used to examine income convergence in all Alabama counties vis-a-vis Alabama’s Black Belt and Northwest regions. Though all three models demonstrated
Income Convergence in a Rural, Majority African-American Region
This paper revisits the issue of income convergence by examining the question of whether poorer census block groups have been catching up with wealthier census block groups over the 1980-2000 period.
Cross-Country Versus Cross-Regional Convergence in the European Union: An Empirical Exploration
The successful completion of European integration may by any measure be considered as one of the best achievements in modern European history. In spite of some outstanding pitfalls (i.e., monetary
Beyond Income: Convergence in Living Standards, Big Time
This article tests for convergence over the period 1960 to 1999 in a wide range of fundamental aspects of living standards, namely life expectancy, infant survival, educational enrolment, literacy as
Imperialism and global inequality: A critical analysis
Abstract. The article intends to analyse economic changes between advance and less-developed countries and the issues of catching up. Our approach would be to analyse the evolution of developing


Divergence, big time
Recently, much attention has been paid in the literature on economic growth to the phenomenon of"conditional convergence,"the tendencies of economies with lower-level incomes to grow faster,
Economic Reform and the Process of Global Integration
WHEN T H E BROOKINGS Panel on Economic Activity began in 1970, the world economy roughly accorded with the idea of three distinct economic systems: a capitalist first world, a socialist second world,