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Immiserizing growthEconomic growth that makes the country worse off. Bhagwati (1958) coined this term for growth that expands exports and worsens the terms of trade sufficiently that real income falls. Johnson (1955) ha [..]
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Immiserizing growthThe theory of immiserizing growth has been developed by theorists of international trade, though it has recently been the focal point of research also ...
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