Definition of immiserization in English:

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immiserization

Pronunciation: /i(m)ˌmizərəˈzāSHən/

noun

Another term for immiseration.
Example sentences
  • The immiserization argument is only one of the many complaints about the impact of international integration, but it is arguably the one with the widest currency.
  • The evidence from both economic and social indicators suggests that globalization, far from being a force for immiserization, has rather been a source of improvement for the people residing in the poorer countries of the world.
  • George saw immiserization as the consequence of inappropriate human institutions, not of the inescapable niggardliness of nature as Malthus had claimed.

Derivatives

immiserize

Pronunciation: /-ˈmizəˌrīz/
verb
Example sentences
  • It was believed that a secular decline in the terms of trade would result in ‘immiserizing growth ‘for the developing world if it continued to specialize in traditional raw material exports.’
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