Growth Theory

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August 31, 2024 4 min read Definitions
Convergence: Economic Similarity and Growth
Economics Finance Economic Convergence Growth Theory Income Inequality Economic Policy Conditional Convergence
The concept of economic convergence describes the tendency of different economies to become increasingly similar in various aspects such as per capita incomes, growth rates, and social policies.
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August 31, 2024 3 min read Definitions
Endogenous Growth: Growth Driven by Internal Factors
Economics Finance Growth Theory Economic Development Innovation Technology Human Capital
Endogenous Growth refers to growth derived from internal factors such as technological innovation and human capital investment, as opposed to external influences.
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