inequality relate to changes in consumption and poverty. In addition, we examine whether there has been convergence in inequality … and median consumption expenditure increased. At the same time, poverty incidence and severity increased precipitously … regions in consumption or poverty levels. We also find that durable goods expenditures are the biggest contributor to …

, Asian Drama: An Inquiry into the Poverty of Nations, published in 1968. Myrdal pointed to the decisive nature of the … poverty reduction. People's living standards have improved significantly, and the country's socio-economic achievements are …