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» Economics » Political economy » Topics begins with C » Catching up effect


Page modified: Friday, June 23, 2006 20:48:25

The catching up effect (also: Catch UP effect) describes the following observation: If one proceeds from a given starting point, then poor national economies achieve tendentious a faster growth than rich countries.

For example to first tools would lead already very small investments in a national economy, to which it is missing at everything, with which a strongly improved production would be possible.


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