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rest of the world. Second, this convergence process will be accompanied by a widening of income distribution in two … potential anti-globalization sentiment is the emergence of a global middle class: a group of consumers who demand access to, and …. "--World Bank web site …
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This paper exploits a novel municipal-level data set to explore patterns of convergence in income and poverty in Mexico during 1992-2014. The paper finds that, despite a context of overall stagnant economic growth and poverty reduction, there is evidence of income and poverty convergence at the...
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