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Sadly this is looking more and more like the rich countries becoming more like poor countries in terms of income distribution within country than the poor count
by aaronblohowiak 3y ago
Sadly this is looking more and more like the rich countries becoming more like poor countries in terms of income distribution within country than the poor countries looking more like the rich countries, though likely some kind of meeting in the middle ( still a bad outcome if you are interested in rising standards of living for poor globally)
- njarboe 3y agoThis is not really true. China has seen a dramatic rise in wealth spread over much of the population with the rest of SE Asia seeing a smaller but dramatic per capital growth over the last 3 decades. India is also seeing huge improvements. Here is a good study to look at[1]. [1]https://www.brookings.edu/articles/new-insights-into-the-distribution-of-world-income/ https://www.brookings.edu/articles/new-insights-into-the-dis...