For this assignment, you are going to compare economic growth across two different economies, or nations. Everyone should select two nations to research. First, for each nation, use what you have learned about GDP data to find and calculate both the level of GDP per capita, or per person, and also the recent growth rate in the GDP for each nation.

What did you find? Is one nation growing at a higher rate? Is inflation present, causing a large difference when Real GDP data is used? What do you think is the reason for the growth rates you found? Assess the determinants of productivity and growth for each nation you selected. Isolate what you think are the most important factors for growth in each nation. Is there any hint of a "catch-up" effect between the two nations you chose, or are they largely growing in a similar way? What causes the "catch-up" effect, and when might it be present? Explain your answers in detail and share the source of your information.