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The United States and China are the world's largest economies. Together they are responsible for about one-third of the world's economic output. This paper aims to examine whether the two economic giants are also lands of opportunity where resources are allocated in a way that minimizes...
Persistent link: https://www.econbiz.de/10012423987
We analyse income and expenditure distribution in China in a comparative perspective with India. These countries … represent extreme cases in the relationship of inequality to both wellbeing indicators. Income is more highly concentrated than … expenditure is more unequally distributed than income in urban areas. China has a much stronger correlation in individual ranks …
Persistent link: https://www.econbiz.de/10012146542