The bottom line is that urbanization, schooling, and Internet access are woefully insufficient to transmit effectively the tacit knowledge required to be productive. That is why today’s emerging markets are so much less productive than rich countries were in 1960, even though the latter were less urban, had higher birth rates and less formal schooling, and used much older technologies.
最低限度是城市化、教育和互联网接入远远满足不了提高生产率所必须的有效传播隐性知识的要求。今天的新兴市场也因此比1960年的富裕国家生产率更低，即使后者的城市化程度更低、生育率更高、正式教育更少，并且使用的是更加陈旧的技术。