The median voter, in spite of being the decisive voter, chooses to immiserize herself in income terms.
There, a transfer from one country to another, by mangling the terms of trade, can immiserize the recipient and enrich the donor.
Samuelson argues that if China experiences changed productivity, this could immiserize
the United States.
In his words, "the real competitive advantage of sweatshops lies in a national elite's willingness to immiserize
Or to put it in flamboyant terms, free trade can immiserize
The related claim that growth did not immiserize
or impoverish certain sections is inconsistent with panel evidence.
Failure to institute the appropriate reforms tends to immiserize
the population and increase the size of the poor group who benefit lime from those reforms.
Incidently, like Alam (1981) and Palivos and Yip, Bhagwati and Srinivasan (1981) recognize that, in the presence of a quota, growth does not immiserize
immiserize the developing country, despite market stability.
Leontief (1936)demonstrated that an international transfer of purchasing power can paradoxically immiserize the recipient country and enrich the donor country, through an improvement in the terms of trade (a secondary effect) for the donor.
it will immiserize the recipient country and enrich the donor country through changes in terms of trade.
The paper establishes the conditions under which a capital transfer from a developed country may immiserize a developing country.