IMMISERIZING GROWTH A GEOMETRICAL NOTE PDF

You can help Wikipedia by expanding it. Johnson had, independently, worked out conditions for this result in Economic growth Economics paradoxes Economics and finance stubs. You could not be signed in. A model attribution edit summary using German: Purchase Subscription prices and ordering Short-term Access To purchase short term access, please sign in to your Oxford Academic account above. If you originally registered with a username please use that to sign in.

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This article may be expanded with text translated from the corresponding article in German. October Click [show] for important translation instructions. View a machine-translated version of the German article. Machine translation like DeepL or Google Translate is a useful starting point for translations, but translators must revise errors as necessary and confirm that the translation is accurate, rather than simply copy-pasting machine-translated text into the English Wikipedia.

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A model attribution edit summary Content in this edit is translated from the existing German Wikipedia article at [[:de:Verelendungswachstum]]; see its history for attribution. For more guidance, see Wikipedia:Translation. Immiserizing growth is a theoretical situation first proposed by Jagdish Bhagwati , in , [1] where economic growth could result in a country being worse off than before the growth.

If growth is heavily export based it might lead to a fall in the terms of trade of the exporting country. In rare circumstances this fall in the terms of trade may be so large as to outweigh the gains from growth. If so, this situation would cause a country to be worse off after growth than before.

This result is only valid if the growing country is able to influence world prices. Harry G. Johnson had, independently, worked out conditions for this result in You can help Wikipedia by expanding it.

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