Started off with relatively low level of per capita GDP

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What are some of the reasons that some countries that started off with a relatively low level of per capita GDP—like Japan, Korea, and China—are able to grow so much faster than the countries that already have high per capita GDP?

Reference no: EM131089654

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Started off with relatively low level of per capita GDP : What are some of the reasons that some countries that started off with a relatively low level of per capita GDP—like Japan, Korea, and China—are able to grow so much faster than the countries that already have high per capita GDP?
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