Is Global Equality the Enemy of National Equality?

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Take-Aways

• Although countries have experienced rising income disparity, global income inequality – “the distribution of income across all households in the world” – has narrowed.
• The growth of China’s and India’s economies, as well as the emergence of a worldwide middle class, has contributed to the compression of global inequality, yet considerable intercountry income gaps persist.
• Data indicate that “a poor person’s income in the ‘average’ rich country…is nearly five times higher than a rich person’s income in a poor country.”

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