Series: IMF Working Papers
Author(s): Marcos Chamon , and Michael Kremer
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 2006
Keywords: growth, economic development, world economy, population growth, world population, population growth rates, Economic Growth of Open Economies, One, Two, and Multisector Growth Models
This paper considers the long-run evolution of the world economy in a model where countries' opportunities to develop depend on their trade with advanced economies. As developing countries become advanced, they fur...