Unbalanced Growth

Unbalanced Growth

A situation in which economic growth is significantly higher in some sectors than others. For example, banking may be growing rapidly while manufacturing may be growing more slowly or even declining. Unbalanced growth portends an eventual economic slowdown or recession, though economists disagree on how a country should address it.
References in periodicals archive ?
Mr Brown also pledged to combat "regionally unbalanced growth and inadequate transport infrastructure" by offering regional incentives and support for manufacturing.
Previously, the effect of monetary loosening would exacerbate unbalanced growth through SOEs and the shadow banking industry.
Too much centralisation leads to unbalanced growth and creates economic issues of its own.
First, most advanced economies have maintained the unbalanced growth patterns that led to the global crisis in 2008.
Both partners took the relationship for granted and pushed unbalanced growth models too far -- the U.
As emerging markets have been the industry engine, a byproduct of this unbalanced growth has been a myriad of structural changes impacting location, scale, and interconnections within the global automotive value chain.
Where mainstream economists preached balanced growth, for example, Hirschman suggested unbalanced growth, with its inevitable tensions and conflicts as a much more plausible and sustainable path.
My concerns were focused on two points: first, the ongoing unbalanced growth that is increasing the current account deficit, and second, the lack of political will or ability for structural reforms.
The author (history, Universidad Complutense, Spain) rejects previous explanations of poverty or backwardness for events during the period and argues that tensions were born out of unbalanced growth and the political mobilization of regional nationalist movements, especially Catalan and Basque nationalism.
The changes also highlight the high but unbalanced growth rates recorded in developing countries where Africa accounts for both seven of 10 fastest-growing economies and six out of 10 most unequal societies in the world, Mr.
The result was unbalanced growth across the continent.