International Journal of Management and Economics

International Journal of Management and Economics


International Journal of Management and Economics
International Journal of Management and Economics
2019, Vol. 1, Issue 2
The economic emergence of nations: Lessons from the catch-up countries and model for Senegal

Cisse Ndiaya, Dr. Kangjuan LV, Kashif Abbasi

The transition from a less advanced economy to a convergent economy is a subject that intrigues economists and, which they are trying to find explanations. This interest becomes more apparent when some developing countries are making this transition while other countries cannot start the process. This paper will outline a definition of the convergence concept, before analyzing the literature of the emergence factors. Then, it describes the convergence models of some Asian latecomers countries to find the determinants that led them to reach this level of growth. Finally, it proposes an alternative model of catch-up for Senegal, taking into account the lessons from the emerging economies and the current Senegalese environment.
Pages : 28-39 | 733 Views | 349 Downloads