Growth rates in follower nations

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Q. Follower countries such as Ireland, Singapore also Hong Kong caught up to also surpassed leader countries such as France also the United Kingdom (UK). Leader nation growth rates were about double those of follower countries. Japan's rapid growth pushed its real GDP every capita above that of the United States. Growth rates in follower nations such as South Korea also Hong Kong averaged about 10 percent every year.

Reference no: EM1311655

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