Recent Economic Performance of Developing Countries: Issue 228

Robert Lynn · F. Desmond McCarthy

Jan 1989 · Policy, planning, and research working papers Book 228 · World Bank Publications

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Some (mainly Asian) developing countries prospered in the 1980s. Many (typically in sub-Saharan Africa) regressed. The highly indebted countries stagnated. Perhaps a new Marshall Plan is needed to replace the tired marginalist approaches that are yielding such poor results.

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