Giulio Sapelli

The Fractal Pattern of Modern Growth

  • Abstract

Informations and abstract

Keywords: Growth, Converging Process

For a number of decades economics and economic history have represented modern growth worldwide as a converging process. Today this is no longer true. A new stage has started - a diverging process. The change is evident when looking at Europe. It diverges clearly from the Asian economies and from some South American countries, e.g. Brazil. The very representation of the growth model has changed: a fractal pattern of growth as opposed to a linear one.

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