What is growth rates in follower nation

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Reference no: EM1353525

Follower countries such as Ireland, Singapore, and Hong Kong caught up to and surpassed leader countries such as France and the United Kingdom.

Leader country growth rates were about double those of follower countries.

Japan's rapid growth pushed its real GDP per capita above that of the United States.

Growth rates in follower nations such as South Korea and Hong Kong averaged about 10 percent per year.

Reference no: EM1353525

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