A Comparative Research on Development Patterns between Togo and China
Learn from China's economic development experience
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The gap between rich countries and poor countries is increasing annualy. Developing countries, such as Togo, see their living standards dropping while developed countries, such as China, see their income levels rising. This situation has its source in each country's politico-economic systems, some of which have facilitated more structured economies than others. One of the causes and consequences of setbacks in Togo's case is the nonexistence of a real economic development pattern, resulting in an aggravation of the poverty rate (about sixty percent of the population lives below the poverty lin...
The gap between rich countries and poor countries is increasing annualy. Developing countries, such as Togo, see their living standards dropping while developed countries, such as China, see their income levels rising. This situation has its source in each country's politico-economic systems, some of which have facilitated more structured economies than others. One of the causes and consequences of setbacks in Togo's case is the nonexistence of a real economic development pattern, resulting in an aggravation of the poverty rate (about sixty percent of the population lives below the poverty line). The aim of this book is, therefore, to test the EDP approach to providing a theoretical base to solve the issue of policy inefficiencies and thereby increase economic growth and reduce inequalities. This empirical framework is made feasible by using the long-term development pattern of China as a reference since China has registered good economic performance. This comparative research between the EDP of Togo and the EDP of China may help smaller economies pattern themselves on the scale of large market economies.
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