Flying Geese

Definition

Economics

  • The Flying Geese model (or paradigm) of economic development depicts changing patterns of comparative advantage and trade as developing countries follow more advanced countries from which they acquire technologies through trade and investment. The name derives from a graph of Akamatsu (1961), (but 1937 in Japanese) that resembles a formation of flying geese. The graph shows paths over time of a developing country's imports, production, and exports of a product, similar to the product cycle.
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