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queue jumping economy
A queue jumping economy is an economy in which individuals are actively finding ways to get ahead in a manner similar to queue jumping. It's a concept that attempts to explain why some economies grow faster than others and is based on the theory that if on average everyone in a society tries actively to grab opportunities whenever they can, collectively these queue jumping efforts will add up to become a major contribution to the development of the national economy overall. It's so called queue jumping because if everyone stays in line to wait for their turn all the time (like what happens in an orderly society or mature economy), many of the potential developments may never fully materialize. The downside of queue jumping is that if overly done, it can also create traffic jams, leading to lower economic efficiency.
- Part of Speech: noun
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- Industry/Domain: Economy
- Category: International economics
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