Why developing countries have high GDP growth rate

than developed countries?

Answer:
There are several reasons for this but probably the main
one is that developing countries are starting from a lower
base income level than their developed country
counterparts. Then there is also the presence of transfers
(ODA etc) from developed to developing countries;
higher population growth rates in developing countries;
and the general shift of labour from agriculture to faster
growing service and industrial industries that's taking
place in developing countries. FDI is also growing faster
into developing countries than into developed economies.
General trade liberalisation is also helping developing
countries even though there remain many barriers still in
place.

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