Construct · 1 fields · 1 citations

immiserizing growth: a standalone construct

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

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immiserizinggrowth1 CONSTRUCTImmiserizing growthBHAGWATI · INTERNATIONAL

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International economics

the possibility that export-biased growth worsens a country's terms of trade so much that it ends up with lower welfare than before growing.

In international economics, immiserizing growth refers to the possibility that export-biased growth worsens a country's terms of trade so much that it ends up with lower welfare than before growing. This meaning comes from Bhagwati (1958) in The Review of Economic Studies.[1]

Unit
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Nearby constructs

growth4 fields · 4 citationsjingle · one word, four constructspossibility3 fields · 3 citationsjingle · one word, three constructswelfare4 fields · 4 citationsjingle · one word, four constructs

References

  1. Bhagwati, J. (1958). Immiserizing Growth: A Geometrical Note. The Review of Economic Studies, 25(3), 201. https://doi.org/10.2307/2295990

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