Construct · 1 fields · 1 citations

balanced growth: a standalone construct

One name. One construct. A landmark on the map.

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Development studies

the argument for investing simultaneously across many industries so that each creates demand for the others' output.

In development studies, balanced growth refers to the argument for investing simultaneously across many industries so that each creates demand for the others' output. This meaning comes from Nurkse (1953) in Problems of capital formation in underdeveloped countries.[1]

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Nearby constructs

argument3 fields · 3 citationsjingle · one word, three constructs capital2 fields · 3 citationsjingle · one word, two constructs demand4 fields · 4 citationsjingle · one word, four constructs

References

Nurkse, R. (1953). Problems of capital formation in underdeveloped countries. Blackwell. Open Library record

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