InterviewSolution
Saved Bookmarks
InterviewSolution
| 1. |
6. Large cities in developing countries grow at much faster rates than in developed countries. Explain why this is so |
|
Answer» Developing COUNTRIES have the potential to grow at a faster RATE than DEVELOPED countries because diminishing returns (in particular, to CAPITAL) are not as STRONG as in capital-rich countries...."Beta-convergence" on the other hand, occurs when poor economies grow faster than rich ones |
|