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Can you explain long run growth and background gdp from 1960 to 2020 please provide excel sheet data with brief explanation?? Long-run Economic Growth Extract

Can you explain long run growth and background gdp from 1960 to 2020 please provide excel sheet data with brief explanation??

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Long-run Economic Growth Extract the data for GDP per capita and growth rate of GDP of all sovereign countries for selected years of 1960, 1990, and 2020 from global databases (like the EMF or World Bank} and perform a convergence data analysis based on the following questions. You can use any data analysis programming language that you are convenient with for this term paper. You can also use the programming language Gretl, accessible for free download at http:/lgretl.sourceforge.net . In this work, focus on the following key contents: 1. Introduction (the intent of this study} 0 Discuss Long-Run Economic Growth 0 Will the poor countries catch up to rich countries by growing faster? 2. Background 0 Provide a summary statistics table (GDP per capita} of all countries for the years from 1960 to 2020. Van can use data analysis {in Excel] to present the descriptive statistics table [Such as mean, standard deviation eth, shawing the summary for the selected year 1960,1990 and 2020. 0 Select 10 sample countries from the data {5 poor and 5 rich) and explain what important key historic or economic issues have happened during the years under consideration and how is this reflected in their per capita GDP, inflation, unemployment rate, and the policy measures in these countries during this time? Note, the major economic shocks to consider during this time could be a financial crisis, pandemic, war, political instability, hyperinflation, etc. 3. Data Analysis _ |l_!__ _I_L_ _ll'lh ___ ___u._ ___l a_____itL __L_ _z [Inn ___._2_l__l :_ ;L_ _I_L___A.1__ _II _____a._2__ _I_J. _

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