Tag: Branko Milanovic
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Globalization and Inequality: Two Complex Decades in One Simple Graph
Pew Research Center: Chart of the Week: How two decades of globalization have changed the world (Source: Milanovic, B., Lead Economist, World Bank Research Department, Global income inequality by the numbers. Annotations by James Plunkett.) I have seen the unannotated version of this graph several times, but the annotations really make things clear. The graph…
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The Story of Globalization in 1 Graph
Atlantic: The Story of Globalization in 1 Graph … Globalization has winners and losers. The winners—particularly the upwardly mobile middle classes of China, India, Indonesia,Brazil, and Egypt—occupy the long hump of this elephant-like line. They have seen their inflation-adjusted incomes grow by 70 percent or more. The world's "1%" (which works out to the top…