0
Why should poor countries economic growth rate converge to those of richer countries?
Wiki User
∙ 6y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
As countries get richer their population growth rate tends to?
slow down
Why does Egypt and south Africa have the most billionaires in the Africa?
South Africa and EgyptAre the ONLY 2 countries in Africa which has billionaires!So why is this? Economic development- 2006 was the fourth consecutive year of economic growth above four per cent in Africa. Oil and mineral exporting countries are outpacing the others by a substantial margin. Botswana and South Africa have experienced economic success. The economies of Ghana, Kenya, Cameroon and Egyptare all growing. This shows that they both have/ are having an economic success. This has obviously continued so every year these countries would become richer and richer through oil and mineral exporting.
How has the discovery of oil in southwest Asia affect the economic development of the area?
The countries with oil reserves are much richer than those countries that have not found oil in their territory.
Has the Amazon rainforest helped Brazil develop?
Yes it has. The chopping down of trees have helped Economic Growth and making Brazil a richer country. Of course there are down sides too.
Why do richer countries win more medals at the Olympic games than poorer ones?
The richer countries have better sporting programs.
Why is there poverty in some countries and not in other countries?
Some countries are richer than others.
Do all countries rich or poor large or small face the same basic economic problems and questions?
Yes. The difference is that richer countries can cover these basic ones more easily, and can move on to covering more advanced questions.
What is the development gap?
the development gap divides the richer (the richer north) and poorer (the poorer south) countries.
What are the consequences of the development gap?
poorer countries might not get the help they need from the richer countries.
United Nations and FIFA who is the richer?
F.I.F.A is richer then U.E.F.A, as F.I.F.A contains all the countries in the world and U.E.F.A has only Europen countries.
What are affecting the economic to the people in china?
Hi, I'm a Chinese, in my own experience, at present, the factors affect China's economic can be summarized into the following: great development space in many areas, richer and richer people's need become the stimulation to the increase of economic. But the inflation nowsdays has been a hinder to the rapid development of the economic.
What are the disadvantages of capitalist economic system?
1.Rich get more richer poor get more poor 2.Economic gap will increase
