Development and Trade: Empirical Evidence
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What do the data show about trade and poverty? It's a pretty positive story.
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What do the data show about trade and poverty? It's a pretty positive story.
No. Think about how much some countries have grown over the last millennium, from <$500 per capita to dizzying sums like $40,000 per capita. If it were reasonable to assume that, then presumably one would also assume that the increase in Gini coefficient is really tiny *and* there was no such thing as wealth inequality in the past.