What is immeserising growth in international economic?
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Abstract: Immiserizing growth is a long-term phenomenon that occurs when the gain in a country's social welfare arising from economic growthis more than off- set by the loss in such welfare associated with an adverse shift in the terms of trade
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The process of growth and trade, resulting in the country becoming poorer in respect of welfare, has been termed as 'immiserising growth' by Jagdish Bhagwati. ...
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