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What is Backwash and Spread Effects Explained about?

The document discusses the concepts of backwash and spread effects in economic development as proposed by Swedish economist Gunnar Myrdal. [1] The backwash effect occurs when development in one area causes people and resources to move away from other areas towards the growing center, leaving the other areas worse off. For example, development in Delhi could cause people from surrounding states to migrate there for jobs. [2] In contrast, the spread effect describes how development in one area can spread

Author

Maheshkv Mahi

Language

EN