catch-up effect
noun1
Economics, Sciences The hypothesis that poorer economies will tend to have faster rates of economic growth than richer ones.
- Synonyms
- convergence
Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.
noun
Economics, Sciences The hypothesis that poorer economies will tend to have faster rates of economic growth than richer ones.
Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.
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