Balanced Growth

(redirected from Balanced Economies)

Balanced Growth

A situation in which capital intensity in an economy remains the same while other factors like GDP and productivity increase.
References in periodicals archive ?
Viet Nam continues to undergo significant changes from planned to market-oriented economies, from isolation to regional and global integration, and from rural agriculture-based to more balanced economies with an increasing share of industry and service sectors.
In its latest Transition Report, published in mid November 2010, the EBRD calls for more balanced economies by supporting the process of economic diversification, development of capital markets, energy efficiency, infrastructure development, and agricultural potential recovery.
It is important for the countries in the region to rev up domestic investment as part of efforts to transform their export-oriented economies into more balanced economies driven mainly by domestic demand.