Towards the end of the twentieth century, some of the world's more affluent countries experienced robust growth while others experienced growth slowdown or even stagnation. Which of the following is not a reason for the divergent growth trend?

Question

Quizplus · Accepted Answer

Unwillingness to enforce property rights is not a reason for the divergent growth trend. While property rights protection is important for economic growth, it is not the sole determinant of growth and cannot explain all variations in growth performance among countries. Disparities in human capital accumulation, employment rates, and macroeconomic policy are all factors that can contribute to differences in economic growth outcomes.

Towards the End of the Twentieth Century, Some of the World's