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Inequality, Global

  • By: Robert H. Wade
  • In: Encyclopedia of Global Studies
  • Edited by: Helmut K. Anheier & Mark Juergensmeyer
  • Subject:Globalization, Social Policy (general), Cultural Geography

After decades of self-conscious development and market liberalization, the average income for the global South in the early 2000s was only around 15% of that of the global North in purchasing power parity terms and more like 5% in foreign exchange ...

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