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N Crafts, Economic growth in the twentieth century, Oxford Review of Economic Policy, Volume 15, Issue 4, December 1999, Pages 18–34, https://doi.org/10.1093/oxrep/15.4.18
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Abstract
Estimates of growth rates of real output per head in various countries are presented and it is concluded that divergence has been more common than catch-up in the twentieth century. Trends in the Human Development Index are reported and these offer a more encouraging picture of the relative performance of poor countries. Key issues in growth economics are reviewed against the background of the long-run evidence; these include the plausibility of innovation-based theories of endogenous growth, the reasons for the commonplace failure of fast-growing countries to sustain their growth, and the impact of technological revolutions on productivity growth.