If you based your estimate on how long it took poor regions of the United States to catch up to the per capita incomes of the rest of the nation, how long do you believe it would take Eastern Europe to obtain per capita incomes comparable to those of Western Europe?

Question

Quizplus · Accepted Answer

The economic convergence of poorer regions to the wealthier standards, especially on the scale of Eastern Europe catching up to Western Europe, is a complex and slow process. Historical precedents in the United States suggest that such convergence can take a very long time, often several generations, due to the multifaceted challenges involved, including but not limited to, structural adjustments, investment in infrastructure, education, and regulatory environments.

If You Based Your Estimate on How Long It Took