Problem
Read the article published in the 2002 NBER Digest. The article discusses a paper by Jeffrey Frankel and Andrew Rose. (The paper has since been published in a peer-reviewed journal.
You need to read and review the paper entitled "Growth Accelerations" by Hausmann, Pritchett and Rodrik in Module before you can engage in this thread.
Once you do, post an original comment by the end of Saturday (10/24) on:
• How do Hausmann, Pritchett and Rodrik define growth accelerations? What is their key finding in terms of their prevalence both in developing and advanced countries? And, on that basis, why are poor countries still poor?
• How do regime changes (both good and bad) seem to influence growth accelerations? What might be explaining these results?
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.