I think there is high variance in the growth rate of developing countries. My own country (Iran) certainly does not seem to be converging much. I also think that the areas where most convergence happens are the areas that are more materialistic; The medical textbooks get imported (and somewhat learned), but the institutions and attitudes that produced the textbooks in the first place, not so much.
I think there is high variance in the growth rate of developing countries. My own country (Iran) certainly does not seem to be converging much. I also think that the areas where most convergence happens are the areas that are more materialistic; The medical textbooks get imported (and somewhat learned), but the institutions and attitudes that produced the textbooks in the first place, not so much.