broad-based growth
[/brɔːd ˈbeɪst ɡroʊθ/]
noun phrase
crescimento abrangente
1. Economic expansion that is distributed across multiple sectors, regions, or demographics rather than concentrated in a single area
The country achieved broad-based growth with increases in manufacturing, services, and agriculture.
O país alcançou um crescimento abrangente com aumentos na manufatura, serviços e agricultura.
2. Development or expansion that benefits a wide range of population groups or business segments
Broad-based growth ensures that economic benefits reach small and large businesses alike.
O crescimento abrangente garante que os benefícios econômicos alcancem pequenas e grandes empresas.
This term is predominantly used in economic and policy discussions in both the USA and Brazil. In Brazilian economic contexts, it often appears in government reports and World Bank analyses regarding development goals. It reflects the emphasis on inclusive economic policies and balanced regional development, which is particularly relevant to discussions about reducing inequality in emerging economies like Brazil.
Related Idioms & Phrases
all boats rise with the tide (similar concept of widespread benefit)
growth for everyone (common phrase in economic policy discussions)
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