tag:blogger.com,1999:blog-4332582469324010500.post5402365489048306990..comments2024-01-16T12:22:10.415+00:00Comments on We are not the beautiful: Is the world getting richer?We are not the beautifulhttp://www.blogger.com/profile/12469463466277712732noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4332582469324010500.post-73742611371389383002016-09-11T11:23:19.600+01:002016-09-11T11:23:19.600+01:00This is another article which finds that, if you r...This is another article which finds that, if you remove China from the poverty statistics, things look remarkably less rosy: http://cepr.net/blogs/cepr-blog/the-incredible-story-of-developing-country-income-growth-was-it-just-china<br /><br />And China's internal policies have been very different to those practiced in the rest of the world - state banks, industrial policy etcWe are not the beautifulhttps://www.blogger.com/profile/12469463466277712732noreply@blogger.comtag:blogger.com,1999:blog-4332582469324010500.post-14805083270198469422016-08-24T13:03:14.233+01:002016-08-24T13:03:14.233+01:00Here is an interesting addition to the article whi...Here is an interesting addition to the article which indicates that poverty reduction founded on an economic boom up to 2005/6 (when the World Bank's poverty figures were collected) has not been sustained: https://www.theguardian.com/books/2016/aug/21/rio-2016-olympic-games-brazil-legacy-party<br /><br />To quote:<br /><br />"In 1993, 23% of the Brazilian population lived in extreme poverty, meaning that their income was insufficient for the minimum number of calories required for healthy survival. By 2009, this figure had fallen to 8.4% – still unacceptable, of course, but a dramatic reduction nonetheless. The period from 2003 to 2011 saw 39.6 million Brazilians join the ranks of the so-called new middle class."<br /><br />But in Brazil this economic boom, based on oil, has ground to a halt. In general, most of the economic booms of the early 2000s, founded on commodity export, like oil or coal, have gone the same wayWe are not the beautifulhttps://www.blogger.com/profile/12469463466277712732noreply@blogger.com