19th And 20th Century Of Europe

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Finally, about 60 percent of the convergence between 1870 and 1900 is explained by the collapse in the wage gap between Europe and the New World, although that gap did not disappear altogether. (Barco, 1996) In the late 19th century, wage convergence was mostly a story about Europe catching up with the New World, and of Argentina and Canada catching up with Australia and the United States...
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(Barco, 1996) In the late 19th century, wage convergence was mostly a story about Europe catching up with the New World, and of Argentina and Canada catching up with Australia and the United States. It was less a story about European latecomers catching up to European leaders...
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