Which effect best explains why Ethiopia (a poor country) is able to achieve a high growth rate while Japan (a rich country) struggles with low growth?

Question

Quizplus · Accepted Answer

The catch-up effect suggests that poorer countries can grow faster than richer ones because they can adopt existing technologies and practices from wealthier countries, allowing them to "catch up" in terms of economic development.

Which Effect Best Explains Why Ethiopia (A Poor Country) Is