The Organization for Economic Cooperation and Development (OECD) estimates that the economies of the developed world will expand at much faster rates when compared to the developing economies.

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Typically, developing economies grow at a faster rate than developed economies due to catch-up growth and more room for rapid development and efficiency gains. Developed economies often experience slower growth rates because they are already at a higher base of economic development.

The Organization for Economic Cooperation and Development (OECD) Estimates That