The empirical evidence on convergence suggests that

Question

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The empirical evidence supports conditional convergence, which is the idea that countries with lower levels of GDP per capita will experience faster economic growth rates and will eventually catch up with countries with higher levels of GDP per capita. This convergence is conditional on factors such as policies, institutions, and human capital. There is no support for unconditional convergence, which would imply that all countries will eventually converge to the same level of GDP per capita regardless of their initial conditions. The evidence also does not suggest that there is support for convergence among all English-speaking countries specifically.

The Empirical Evidence on Convergence Suggests That