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Kuznets predicts an economy's return to low inequality once structural transformation has peaked. I explore some headwinds to falling inequality in developing countries given their thorough engagement in the globalized market Kuznets could not have foreseen. Headwinds include plutocrats' abuse...
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Our objective in this paper is to assess how middle-income groups are faring with the global turn to the market. We suggest some simple measures of the middle-the size and income shares of households around the median (75/125%)-and their income status relative to wealthier counterparts. Our...
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