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The Big Push : what does it mean , and does it make sense for Ethiopia ?
| Content Provider | Semantic Scholar |
|---|---|
| Copyright Year | 2007 |
| Abstract | The idea of the Big Push is one of the earliest in development economics, coined by Rosenstein-Rodan over 60 years ago in the context of a classic work on “the problem of industrialization of eastern and south-eastern Europe”. The core argument is that coordination problems, in the context of increasing returns, create the possibility of multiple equilibria. A poor country can be caught in a low-equilibrium “poverty trap”, government intervention can potentially solve the coordination problem, and “push” the economic into the better equilibrium allowing a “take-off” into sustained growth. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://www.michaelwalton.info/wp-content/uploads/2011/08/Big-Push-Ethiopia.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
