English translation: an economy of trickle-down growth, trickle-down economy (trickle-down economics, theory)
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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Chinese term or phrase:
細水增長的經濟(涓滴经济学,涓滴理论)
English translation:
an economy of trickle-down growth, trickle-down economy (trickle-down economics, theory)
Chinese to English translations [PRO] Social Sciences - Social Science, Sociology, Ethics, etc.
Chinese term or phrase:細水增長的經濟
context: discussing China's economy and uneven development and how this creates poverty gaps
"Once, people believed that if the entire economy grew, all people would benefit but in reality the benefits they received were unequal, this is the so-called 細水增長的經濟 but this kind of economy is not viable"
"Trickle-down economics" and "trickle-down theory," is a term used in political rhetoric to classify economic policies perceived to primarily benefit the wealthy and then "trickle-down" to the middle and lower classes. The theory states that the policies will create incentives for top earners to invest more into business infrastructure which will in turn lead to more goods at lower prices, while at the same time creating jobs for middle and lower class individuals. This sentiment is captured in John F. Kennedy's argument, "a rising tide floats all boats". Proponents argue economic growth flows down from the top to the bottom, indirectly benefiting those who do not directly benefit from the policy changes. However, others have argued that "trickle-down" policies do not work.[1] Proponents of the policies generally do not use the terms "trickle-down economics" themselves.[2]
The term "trickle-down" comes from an analogy with a phenomenon in marketing, the trickle-down effect.
Creating a True “Trickle-Down Economy” | International Rivers
Creating a True “Trickle-Down Economy”. December 1, 2003. Lori Pottinger ... Paul Polak is establishing a new kind of “trickle down” economy, ... www.internationalrivers.org/en/way-forward/water-energy-sol...
-------------------------------------------------- Note added at 28 mins (2008-04-19 14:51:48 GMT) --------------------------------------------------
Robert Reich's Blog: Trickle Down or Bottom Up7 Nov 2007 ...
In a global economy, investments don't trickle down; they trickles out to wherever on the planet the rich can get the highest return. ... http://robertreich.blogspot.com/2007/11/trickle-down-or-bott...
-------------------------------------------------- Note added at 13 days (2008-05-03 05:24:52 GMT) Post-grading --------------------------------------------------
"Trickle-down economics" and "trickle-down theory," is a term used in political rhetoric to classify economic policies perceived to primarily benefit the wealthy and then "trickle-down" to the middle and lower classes. The theory states that the policies will create incentives for top earners to invest more into business infrastructure which will in turn lead to more goods at lower prices, while at the same time creating jobs for middle and lower class individuals. This sentiment is captured in John F. Kennedy's argument, "a rising tide floats all boats". Proponents argue economic growth flows down from the top to the bottom, indirectly benefiting those who do not directly benefit from the policy changes. However, others have argued that "trickle-down" policies do not work.[1] Proponents of the policies generally do not use the terms "trickle-down economics" themselves.[2]
The term "trickle-down" comes from an analogy with a phenomenon in marketing, the trickle-down effect.
Creating a True “Trickle-Down Economy” | International Rivers
Creating a True “Trickle-Down Economy”. December 1, 2003. Lori Pottinger ... Paul Polak is establishing a new kind of “trickle down” economy, ... www.internationalrivers.org/en/way-forward/water-energy-sol...
-------------------------------------------------- Note added at 28 mins (2008-04-19 14:51:48 GMT) --------------------------------------------------
Robert Reich's Blog: Trickle Down or Bottom Up7 Nov 2007 ...
In a global economy, investments don't trickle down; they trickles out to wherever on the planet the rich can get the highest return. ... http://robertreich.blogspot.com/2007/11/trickle-down-or-bott...
-------------------------------------------------- Note added at 13 days (2008-05-03 05:24:52 GMT) Post-grading --------------------------------------------------