The Unified Framework of Economic Development

The book aim is to explain development heterogeneity of the countries around the world and highlight the introduction of the third countries’ category kind existence i.e “Emerging Countries”. Finally convergence in economic performance of the countries is needed since the African countries remain at the bottom of the long run equilibria which are multiple. The book ends up with the framework which deals with the way the least advanced countries can be more efficient and give conditions for convergence to occur.