Has Growth and Convergence of Developing Economies Been Derailed?

A. Michael Spence

Abstract


This article is the transcript of the plenary lecture that Michael Spence delivered at the Rimini Conference in Economics and Finance 2014 (RCEF2014) - the biennial conference of the Rimini Centre for Economic Analysis.  It has been moderately edited so as to enable the transfer from the spoken word to the printed page. RCEA owes special thanks to Angelo Melino for organizing and chairing Professor Spence's lecture.

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