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One of the most contentious issues of globalization is the effect of global economic integration on inequality and poverty. This article documents five trends in the modern era of globalization, starting around 1980. The first trend is that growth rates in poor economies have accelerated and are...
Persistent link: https://www.econbiz.de/10012564137
The paper presents estimates of poverty [extreme poverty PPP$1.9 and PPP$3.2] and consumption inequality in India for each of the years 2004-5 through the pandemic year 2020-21. These estimates include, for the first time, the effect of in-kind food subsides on poverty and inequality. Extreme...
Persistent link: https://www.econbiz.de/10013291176
One of the most contentious issues of globalization is the effect of global economic integration on inequality and poverty. Dollar documents five trends in the modern era of globalization, starting around 1980. Trend 1: Poor country growth rates have accelerated and are higher than rich country...
Persistent link: https://www.econbiz.de/10012749051
One of the most contentious issues of globalization is the effect of global economic integration on inequality and poverty. This paper documents five trends in the modern era of globalization, starting around 1980. Trend #1: Poor country growth rates have accelerated and are higher than rich...
Persistent link: https://www.econbiz.de/10012559833
The paper presents estimates of poverty [extreme poverty PPP$1.9 and PPP$3.2] and consumption inequality in India for each of the years 2004-5 through the pandemic year 2020-21. These estimates include, for the first time, the effect of in-kind food subsides on poverty and inequality. Extreme...
Persistent link: https://www.econbiz.de/10015060515
Persistent link: https://www.econbiz.de/10002582871
Persistent link: https://www.econbiz.de/10011807580
Paper reviews India's growth performance since independence. Phrases suchas "Hindu Rate of Growth," sometimes make a telling comment and expose obscureeconomic data to a wider audience, but they can just as readily obscure reality byfocussing attention on the wrong issue. There is nothing in the...
Persistent link: https://www.econbiz.de/10011807532