Articles tagged with: economic convergence
Global Economic Convergence? The Economist’s Unfortunate GDP Map

Last week’s (Sept. 24, 2011) issue of The Economist magazine featured a special report on the world economy, the central thesis of which is that the globe is currently undergoing a “great convergence in living standards,” pushed forward as “poorer countries speedily adopt the technology, know-how, and policies that made the West rich” (page 3)