Different economies grow at different rates

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Different economies grow at different rates. Three countries that have done very well over the last three decades are China, India, and Ireland. Both China and India are huge while Ireland is relatively small. What economic policies have had an effect on these countries over the last decade? Why have these economies grown so quickly over the last three decades? Make an economic argument as to why the policies would result in faster economic growth.

The results of economic growth include a higher standard of living, a lower unemployment rate, increased longevity and better health care. These are not economic policies, they are the result of pro-growth policies.

Reference no: EM13800460

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