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In the context of the Solow model, convergence means that economies that began at different levels of income per capita would eventually become more similar.
In the context of the Solow model, convergence means that economies that began at different levels of income per capita would eventually become more similar. This has happened in some cases but not others. What do you think are the primary factors behind the failure of some economies to converge and how does the idea of "conditional convergence" help explain the apparent failure?
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