چكيده لاتين :
This paper has examined the phenomenon of convergence of per capita out put levels across the IC countries for the 1960-1998periods. Three concepts of convergence, i.e., sigma beta and relative beta, have been used.
The estimated beta values reveals only a very weak convergence ("-=.0014) across IC for 1960-1998 period. But when a more homogeneous grou)י of countries were selected, the resultssomehow improved the estimated beta value. For PEe s Iiwas.005.
The sigma values reveal that the per capita out-put decreases across Ie had an increasing trend over the 1950-1998 periods. It means that the poorer members did not demonstrate strong outputconvergence for the full or part of the period. For SAARC theoutput variation revealed a diminishing trend, but for the OPECcountries it showed an increasing trend.
The results of relative convergence (toward the countries steady state position) reveal that only for 15 countries the convergencehypothesis is confirmed. The average speed of convergence was .33.
The results provide a weak evidence of convergence across the IC, it means more attempt in various fields of cooperation:political, economic, cultural, social and scientific, is required to meet the ole goals