According to the convergence hypothesis, all countries are destined eventually to reach more or less the same level of per capita income.

Name: According to the convergence hypothesis, all countries are destined eventually to reach more or less the same level of per capita income.
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The convergence hypothesis suggests that, in the long run, all countries will tend to converge to a similar level of per capita income, regardless of their initial conditions.

According to the Convergence Hypothesis, All Countries Are Destined Eventually