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Growth pole theory, proposed by French economist François Perroux, suggests that economic development is not uniform across regions but instead concentrated around specific areas or "growth poles." These poles are characterized by industries or sectors that generate significant economic activity and can stimulate growth in surrounding areas through linkages and spillover effects. Perroux argued that investing in these growth poles can lead to broader regional development, as they attract resources, labor, and further investment. This theory emphasizes the importance of strategic economic planning to harness the potential of these concentrated growth areas.

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Related Questions

What is growth poles theory?

Growth poles theory, developed by economist François Perroux in the 1950s, posits that economic development is not uniform across a region but is concentrated around specific industries or sectors that act as "growth poles." These poles generate economic activity and attract investment, leading to a ripple effect that stimulates growth in surrounding areas. The theory suggests that by focusing on these key sectors, policymakers can promote regional development and reduce disparities. Ultimately, growth poles can drive broader economic transformation by fostering innovation and creating jobs.


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