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Health, Education and Emergence from the Development Trap.
- Source :
-
African Development Review / Revue Africaine de Développement . Sep2011, Vol. 23 Issue 3, p300-312. 13p. - Publication Year :
- 2011
-
Abstract
- This paper studies the emergence of developing countries from a development trap. It shows that countries whose dynamics exhibits several growth peaks can be considered as cases of equilibrium jump. Applying this criterion to a sample of 65 countries that were initially very poor in 1950, it identifies 13 such countries, called 'emerging economies'. Comparing emerging and non-emerging economies in the 1950s and early 1960s, it shows that economic take-offs starting in the 1960s can be related to health and education in the early 1950s, while other possible factors, such as savings, openness and democracy are not significant. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 10176772
- Volume :
- 23
- Issue :
- 3
- Database :
- Academic Search Index
- Journal :
- African Development Review / Revue Africaine de Développement
- Publication Type :
- Academic Journal
- Accession number :
- 65217752
- Full Text :
- https://doi.org/10.1111/j.1467-8268.2011.00288.x