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Author:Chanda, A.
Putterman, L.
Title:Early starts, reversals and catch-up in the process of economic development
Journal:Scandinavian Journal of Economics
2007 : VOL. 109:2, p. 387-413
Index terms:economic development
economic growth
economic history
institutions
geography
Asia
Language:eng
Abstract:In recent decades, states like China and India have been experiencing more rapid economic growth. It is shown that more rapid growth by early starters has been the norm in economic history, and that the "reversal of fortune" associated with the European overseas expansion was exceptional and temporary etc.
SCIMA record nr: 267165
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