Emergic: Rajesh Jain's Blog

Emergic: Rajesh Jain's Blog header image 2

Globalisation and Falling Inequality

August 23rd, 2003 · No Comments

The Economist discusses a lecture by Stanley Fischer (ex-MIT,IMF and now with Citigroup) and summarises that “if you consider people, not countries, global inequality is falling rapidly.” One of the reasons: “Two of the poorest countries in the worldChina and Indiahave both (a) enormous populations and (b) rapid growth in incomes per head in the years in question.”

Tags: Emerging Enterprises

0 responses so far ↓

  • There are no comments yet...Kick things off by filling out the form below.

Leave a Comment