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In the context of the European single market, where information, capitals, persons, goods and services circulate free and fast, where economic rationality is different at the global level from the national one, radical mutations occur in each member state's strategy with regard to the...
Persistent link: https://www.econbiz.de/10009650853
Abstract: Convergence may be considered a central issue of the current economic literature, and not only, concentrating … characterize especially the emerging economies. Testing convergence within economies may serve as a useful instrument for the … validation of the economic growth models. While convergence was considered a defining element of the neoclassical growth models …
Persistent link: https://www.econbiz.de/10010685478