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world’s population owns approximately 85% of the world’s wealth, much of it held just by the upper 1% of the global … population, whereas the “bottom” 92% of the world’s population hold somewhat less than 15% of global wealth (Burton J, 25 Highest … income earning countries. World Atlas; Economics, April 25. Retrieved March 23, 2018 from https://www.worldatlas.com/articles/the-highest-incomes-in-the-world …
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It is well established in the literature that, on average, economic growth is associated with reductions in income poverty. However, evidence suggests that some countries see a much faster decline in poverty with the same level of growth in income. The objective of this paper is to analyse the...
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This paper introduces two composite indices of globalisation. The first is based on the Kearney/Foreign Policy magazine and the second is obtained from principal component analysis. They indicate the level of globalisation and show how globalisation has developed over time for different...
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emerging, and the least developed economies of the world. This paper applies different measures to analyse income distribution …
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