Who Are the Three Parties Described in the Tripartite Model

question 13

Short Answer

Who are the three parties described in the tripartite model that should be consulted to determine what constitutes a successful therapy outcome?

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Definitions:

Catch-Up Effect

The theory that poorer economies will tend to grow at faster rates than wealthier ones, allowing them to catch up in terms of income and other economic measures.

Capital

Refers to assets or resources that businesses or individuals use to generate wealth through investment.

Saving Rates

The proportion of disposable income that individuals or an economy as a whole save rather than spend on consumption.

Income Growth

An increase in the amount of money earned by individuals or households over time.