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Pelaxed: Difference between revisions
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Created page with "In economics, ''pelaxed'' or ''pelaxation'' is a situation in which the Human Development Index of a nation is very high or increasing, while the economic growth rate slows and the GPD per capita remains at a medium/developed level. It presents a social dilemma for economic policy, since actions intended to increase the growth rate may decrease the IHDI. The term, a portmanteau of stagnation and Pelaxia, is generally attributed to economist Per Denti, a Pelaxian Democra..."
(Created page with "In economics, ''pelaxed'' or ''pelaxation'' is a situation in which the Human Development Index of a nation is very high or increasing, while the economic growth rate slows and the GPD per capita remains at a medium/developed level. It presents a social dilemma for economic policy, since actions intended to increase the growth rate may decrease the IHDI. The term, a portmanteau of stagnation and Pelaxia, is generally attributed to economist Per Denti, a Pelaxian Democra...") |
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