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Tag Archives: GDP growth rates

Average per capita GDP Growth Rates: The Post-WWII Bretton Woods System versus Neoliberalism

Here are the figures from the World Bank for the two relevant periods by region:Average Per Capita GDP Growth Rates 1960–2010 Region | 1960–1980 | 1980–2010 sub-Saharan Africa | 2.0% | 0.2% Latin America and the Caribbean | 3.1% | 0.8% Middle East and North Africa | 2.5% | 1.3% East Asia and Pacific | 5.3% | 7% Developed Nations | 3.2% | 1.8% (cited in Chang 2015: 25–26). Note carefully: in every region except East Asia per capita GDP growth rates slumped under neoliberalism.There is one...

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