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How Unequal are World Incomes?
27 March, 2018, C.P. Chandrasekhar & Jayati Ghosh
Global inequality has reduced as income growth shifts from the Northern countries to emerging markets like the BRICS. But this shift is quite limited and has not benefited the bulk of people in the developing world.
Can Asia Decouple?
22 February, 2012, C.P. Chandrasekhar & Jayati Ghosh
As the global economic situation worsens, there are renewed concerns about the fate of developing countries. The authors consider recent trends in global GDP growth, investment and trade, and argue that the expectations of Asia being able to blithely withstand the latest round of economic crisis are not just over-optimistic but probably wrong.
A Long View of Global GDP Growth
26 July, 2008, Jayati Ghosh
It is sometime useful to situate recent income growth in the longer term context, if only to remind ourselves of the structural processes involved. A close examination of long term patterns in relative positions show that the recent optimism about developing countries emerging as dominant players may be misplaced.
Knowledge and the Asian Challenge
05 September, 2006, C.P. Chandrasekhar & Jayati Ghosh
According to official statistics, China continued to grow at a scorching 10.2 per cent during the first quarter of 2006, as compared with the corresponding period of the previous year. India closely followed China's performance, with GDP growing at an estimated 8.4 per cent during financial year 2005-06.
Do Missed WTO Deadlines Matter?
02 May, 2006, C.P. Chandrasekhar
Another deadline has been missed in the perpetually ''ongoing'' negotiations to further liberalise world trade. The 149 members of the World Trade Organisation were to arrive at agreement on the ''modalities'' for reducing various forms of support to agriculture and increasing market access for non-agricultural commodities by the 30th of April.
The New Structure of Global Balances
08 November, 2004, C.P. Chandrasekhar & Jayati Ghosh
An unusual and striking feature of the current global balance of payments situation is the huge deficit on the current account of the world’s dominant country, the United States, which is partly being financed with surpluses in the current and capital account of developing countries, especially those in developing Asia. At the end of the second quarter of 2004, the annual current account deficit in the US balance of payments stood at $572 billion and was forecast to touch 5.5 per cent of GDP in 2004.

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