{"id":311,"date":"2022-04-13T10:10:56","date_gmt":"2022-04-13T10:10:56","guid":{"rendered":"https:\/\/support.centreforelites.com\/?p=311"},"modified":"2022-05-18T09:39:15","modified_gmt":"2022-05-18T07:39:15","slug":"the-growth-pole-theory","status":"publish","type":"post","link":"https:\/\/support.centreforelites.com\/en\/the-growth-pole-theory\/","title":{"rendered":"The Growth Pole Theory"},"content":{"rendered":"\n

Growth<\/a> pole is the concentration of technically advanced industries that stimulate economic development<\/a> in associated businesses and industries. These concentrations of industries often affect the economies of geographical areas outside their immediate regions.<\/p>\n\n\n\n

\"The<\/a>
The Growth<\/a> Pole Theory<\/figcaption><\/figure><\/div>\n\n\n\n

A third, but less known model of growth<\/a> was worked out in the 1950s by the Frenchman, Fancois Perroux. Perroux divided industry as a whole into two types of sub-sector: the dynamic sub-sectors, so called ‘propellant’ industries: and the non-dynamic, ‘impelled’ industrial sectors, which had to be driven forward by the dynamic sectors. This division also had a spatial aspect in that there was a tendency to concentrate the dynamic sub-sectors in small geographical enclaves, while the others were spread out in backward regions, whose growth and development<\/a> totally depended on their linkages with the growth<\/a> poles.<\/p>\n\n\n\n

With this emphasis on both the sector wise and the spatial concentration of growth<\/a>, Perroux came to act as a kind of forerunner for the many empirical analyses that have<\/p>\n\n\n\n

since been undertaken of such tendencies. It is today a conventional widespread conception that the countries in the Third World, with a few exceptions such as Singapore, Hong Kong, South Korea and Taiwan \u2014 are all characterised by concentrations of growth<\/a> in certain sectors and certain geographical enclaves.<\/p>\n\n\n\n

It is of great benefit to mention here that this strategy of the growth<\/a> pole was one of the earliest development<\/a> initiatives that Zambia implemented in its search to bring about balanced development<\/a>. The specific programme under which this was implemented was known as the ‘Intensive Development<\/a> Zones’. Under this programme certain areas of potential growth<\/a> were identified. The idea was to pump a lot of investment in those areas so that the effects of growth<\/a> from them could have spill-over effects over a certain period of time. In the long run, the entire country would come to benefit from this approach.<\/p>\n\n\n\n

\"The<\/a>
The Growth<\/a> Pole Theory<\/figcaption><\/figure><\/div>\n\n\n\n

In contrast to Perroux’s and Hirschman’s recommendation; the concentration has rarely been optimal as seen from the perspective of the theories of unbalanced growth<\/a>. <\/p>\n\n\n\n

The concentrations observed in the third world do not, generally reflect strategic imbalances in Hirschman’s conception, or development-promoting growth<\/a> rate poles in Perroux’s terminology. Rather, they represent isolated growth<\/a> spots which may be interlinked and integrated into global networks but which, at the same time, have not induced growth<\/a> in non-dynamic sectors of the surrounding backward areas.<\/p>\n","protected":false},"excerpt":{"rendered":"

Growth pole is the concentration of technically advanced industries that stimulate economic development in associated businesses and industries. These concentrations […]<\/p>\n","protected":false},"author":1,"featured_media":272,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"wds_primary_category":0,"footnotes":""},"categories":[48,49],"tags":[52],"class_list":["post-311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-business","tag-development-theory"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/support.centreforelites.com\/wp-content\/uploads\/2022\/04\/The-Growth-Pole-Theory.webp?fit=768%2C432&ssl=1","jetpack-related-posts":[{"id":314,"url":"https:\/\/support.centreforelites.com\/en\/patterns-of-development-and-obstacles-to-growth\/","url_meta":{"origin":311,"position":0},"title":"Patterns of Development and Obstacles to Growth","author":"centreforelites","date":"April 13, 2022","format":false,"excerpt":"Among the economists who further developed the theoretical inheritance from Lewis, Rostov, and others, but in the context of more structuralist approaches, Hollis Chenery and Moshe Syrquin require special attention. 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