Construct · 1 fields · 1 citations

two-gap model: a standalone construct

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

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two-gapmodel1 CONSTRUCTTwo-gap modelCHENERY · DEVELOPMENT STUDIES

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Development studies

a model in which growth in developing countries is limited by whichever is tighter, the gap in domestic saving or the gap in foreign exchange, which aid can fill.

In development studies, two-gap model refers to a model in which growth in developing countries is limited by whichever is tighter, the gap in domestic saving or the gap in foreign exchange, which aid can fill. This meaning comes from Chenery (1967) in Capital Movements and Economic Development.[1]

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Nearby constructs

capital2 fields · 3 citationsjingle · one word, two constructsdevelopment1 fields · 2 citationsanchor · a standalone constructexchange4 fields · 7 citationsjingle · one word, four constructs

References

  1. Chenery, H. B. (1967). Foreign Assistance and Economic Development. In Capital Movements and Economic Development (pp. 268-292). Palgrave Macmillan UK. https://doi.org/10.1007/978-1-349-15238-4_9

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