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The Table Below Shows the Level of GDP Per Capita

Question 118

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The table below shows the level of GDP per capita in 1900 for four regions of the world, as well as their growth rates between 1900 and 1938. Plot this table to determine whether catch-up is likely to occur among these regions. Does growth theory explain the growth experience of these regions between 1900 and 1938? The table below shows the level of GDP per capita in 1900 for four regions of the world, as well as their growth rates between 1900 and 1938. Plot this table to determine whether catch-up is likely to occur among these regions. Does growth theory explain the growth experience of these regions between 1900 and 1938?

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As the graph below shows, the growth exp...

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