Social Capability and Resilience to Economic Shrinking - An innovative Perspective on Growth and the Income Divergence between Sub-Saharan Africa and East Asia & Pacific
Since the beginning of the 1960’s, there has been a widening gap in GDP per capita between the countries in the regions of East Asia & Pacific and Sub-Saharan Africa. By growing more and shrinking less, some but not all, developing countries have deviated from a state of underdevelopment and caught up with the developed world. Moreover, it has been argued that the biggest chance of catching up