Global inequality has reduced dramatically post World War II. Globalisation and integration of developing economies has played an important role. But trade off between global and within country inequality?
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Do consumers benefit? In India prices fall, quality and variety rise, but markups increases, cost reductions not fully passed on to consumerspic.twitter.com/ohpgym1k9h
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But you don't see this in every industry. Eg. Not in transport.
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