000			01210nam a22001577a 4500
999			_c514461 _d514461
008			201106b ||||| |||| 00| 0 eng d
100			_aJohnson, Paul and Papgeorgiou, Chris. _920846
245			_aWhat remains of cross-country convergence?
260			_aJournal of Economic Literature
300			_a58(1), Mar, 2020: p.129-175
520			_aWe examine the record of cross-country growth over the past 50 years and ask if developing countries have made progress on closing income gap between their per capita incomes and those in the advanced economies. We conclude that, as a group, they have not and then survey the literature on absolute convergence with particular emphasis on that from the last decade or so. That literature supports our conclusion of a lack of progress in closing the income gap between countries. We close with a brief examination of the recent literature on cross-individual distribution of income which finds that, despite the lack of progress on cross country convergence, global inequality has tended to fall since 2000. Reproduced
650			_aEconomic growth, Convergence _920832
773			_aJournal of Economic Literature
906			_aGLOBAL INEQUALITY
942			_cAR