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Introduction to Development Economics
Argentine level. Of course, South Korean performance was a ffected by war in 1950. However, if we look at 1913, we see that the ratio was 32% and in 1939, it was 31%. By 2000, on the other hand, it was 167%! Remark 2 Differences are really huge. For example, in 2000, GDP (or in-come) per capita in the United States was over $33000. 1 In ...
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