Growth Poles. Related concepts

In the economic and political international community, the term “growth pole" began to be used more often in recent years, referring to an economy whose growth spills over to other economies, and thus helps in the process of growth in other economies, the quantitative contribution of the economy leading to global growth, supported by the power of internal links. In this way, a growth pole is not just a hive of economic activity, but is also able to stimulate economic activity in the countries with which it has strong ties. The concept of terminal growth may be analyzed from the point of view of power distribution and polarization. The concept of global growth poles differs somewhat from that of growth poles conceptualized regional, national or geographic space, to the extent that the nature of international economic relations differs economic ties in the national or regional level, and not just in the scale. Even when used on a global scale, the term “growth pole “is not always used consistently. Some generalizations, however, can be made to understand the term also in qualitative sense.