Why haven’t EU candidate countries caught up economically? 📉
Dženita Šiljak explores the role of institutions in convergence—or the lack of it.
📖 🔗 Read Here:
bit.ly/3FtBogV
@regstud.bsky.social @regionalstudies.bsky.social @rsa-adp.bsky.social
Institutions and Convergence: Why Have EU Candidates Lagged Behind? - RSA Main
The “advantage of backwardness”—the notion that low-income countries can grow faster by borrowing and adapting existing technology—has long been central to the theory of economic convergence. However,...
