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I think what he's suggesting is that a systemic issue might not require systemic-level intervention, ceteris parabus. It is possible for regions to decline when
by cynicalkane 12y ago
I think what he's suggesting is that a systemic issue might not require systemic-level intervention, ceteris parabus. It is possible for regions to decline when overall welfare per person who comes from that region is rising. In a world where people are mobile, this is what you expect to happen.
More broadly, an issue that's "systemic" in that it's observed in a system might not be "systemic" in the sense that something is broken in the system.