From “A game of catch-up” in the September 24th Economist (p. 5 in a special section on the world economy):
Moreover, the great convergence has spread beyond India and China. Three-quarters of biggish non-oil-producing poor countries enjoyed faster growth in income per person than America in 2000-07, says Arvind Subramanian, of the Peterson Institute for International Economics, in his new book, “Eclipse: Living in the Shadow of China’s Economic Dominance”. (link)
(relevant NP bold-faced). I’m not sure which countries belong to this category, but it would be really useful to have some less clunky way of referring to it. (At the moment all the ghits for the biggish label are to the Economist article or Subramanian’s book.)
October 10, 2011 at 6:31 am |
[...] little while back the Economist picked up the label biggish non-oil-producing poor countries (from Arvind Subramanian), which cries out for [...]