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The most basic economic theory suggests that rising incomes in developing countries will deter emigration from those countries, an idea that captivates policymakers in international aid and trade diplomacy. A lengthy literature and recent data suggest something quite different: that over the...
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poverty line. The patterns of growth, precarity, and structural change underlying the emergence of the world's two middles are … living above absolute poverty but below a security-from poverty-line. The paper sets out what has happened. It is argued that … although there has been substantial economic growth, only a relatively small group of the new middle-income countries have …
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This paper surveys the literature on the relationship between international trade and inclusive growth. It examines … claims that the rise in inequality in many countries can be attributed to the concurrent rise in trade competition …
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