According to recent UN projections more than 50 percent of the growth in world population over the next half century will be due to population growth in Africa. Given this, any policy that influences African demography will have a significant impact on the world distribution of income. In this...

If the rate of saving increases with income then a low per capita level of the capital stock may be self-sustaining. In these circumstances international trade may allow an economy to quickly increase its per capita capital stock in a self-reinforcing "growth miracle" process. A labor-abundant...

This research argues that the differential effect of international trade on the demand for human capital across countries has been a major determinant of the distribution of income and population across the globe. In developed countries the gains from trade have been directed towards investment...