ResearchBPEA | 1991 No. 1
Convergence Across States and Regions
1991, No. 1
AN IMPORTANT economic question is whether poor countries or regions tend to converge toward rich ones. We want to know, for example, whether the poor countries of Africa, South Asia, and Latin America will grow faster than the developed countries, whether the south of Italy will become like its north, whether and how fast the eastern regions of Germany will attain the prosperity of the western regions, and—in a historical context —how the American South became nearly as well off as the North.