Global patterns of economic development have hardly §changed over the past fifty years. All of the §countries that were rich then are still rich now, §and nearly all of the countries that were poor then §are still poor now. This volume such patterns §in the international structure of income over five §decades. The few examples of upward mobility in the §world-economy are examined in detail, with a special §section devoted to the recent rise of China. §Statistical estimates and graphs of global income §inequality at both the national and individual §levels of analysis are included....
Global patterns of economic development have hardly §changed over the past fifty years. All of the §countries that were rich then are still rich now...