The catch-up effect is a well-known phenomenon in the study of economic growth and has been exemplified by countries such as Japan, Singapore, and South Korea. What allows a country to experience the catch-up effect?

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The Answer of The catch-up effect is a well-known phenomenon in the study of economic growth and has been exemplified by countries such as Japan, Singapore, and South Korea. What allows a country to experience the catch-up effect?

The Catch-Up Effect Is a Well-Known Phenomenon in the Study