Big push

Updated: Aug 20, 2021

A doctrine in development economics according to which the development of a poor country occurs on the basis of a synchronized expansion in many sectors. In normative terms, it implies that the government has to plan how to spread new capital investment across many sectors. In positive terms, it implies that the capital formation necessarily occurs through balanced growth.

Reference: Oxford Press Dictonary of Economics, 5th edt.

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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.