Conditional convergence suggests that if adjustments were made for differences in education, infrastructure, and other factors that contribute to growth, poorer countries would have higher growth rates.

Question

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Conditional convergence theory suggests that poorer countries will eventually catch up to richer countries in terms of economic growth, as long as they have similar levels of education, infrastructure, and other factors that contribute to growth. Therefore, if adjustments were made for these differences, poorer countries would have higher growth rates.

Conditional Convergence Suggests That If Adjustments Were Made for Differences