Balassa-Samuelson effect

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English[edit]

Etymology[edit]

Named after Béla Balassa and Paul Samuelson.

Noun[edit]

Balassa-Samuelson effect (plural Balassa-Samuelson effects)

  1. (economics) The tendency for consumer prices to be systematically higher in more developed countries than in less developed countries.

See also[edit]

Further reading[edit]

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