The first clue that something is amiss with the traditional story is its implication that poor countries should have been catching up with rich ones for the last century or so—and that the farther behind they are, the faster the catch-up should be. In a country that has very little in the way of infrastructure or education, new investments have the biggest rewards.
Horse hockey.
8 posted on 03/19/2006 5:06:49 PM PST by Teacher317