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The convergence -divergence /conditional and unconditional convergence // full explained .

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Aug 10, 2020
10:25

Conditional convergence implies that a country or a region is converging to its own steady state while the unconditional convergence (absolute convergence) implies that all countries or regions are converging to a common steady state potential level of income.

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The convergence -divergence /conditional and unconditional convergence // full explained . | NatokHD