Selwyn criticises the World Bank's poverty measure on several counts: - far too low; not a 'living wage'; - ignores the back-breaking, dangerous work people do to get income; - neglects variation in public provision of healthcare & education; - excludes non-$ aspects of poverty.
Right. The question “do workers benefit” seems the fundamental one to answer.
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Yes. There's lots of research on this. You've read https://chrisblattman.com/2016/09/29/14655/ … But we can also agree wages are low & could be improved. So the question is how?
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Vietnam is another example. Incredibly rapid poverty reduction. But could it have been bigger? eg. if buyers had not reduced prices paid for major exports?https://twitter.com/_alice_evans/status/936581168081842176 …
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Fans of Ha Joon Chang always say: has there ever been a country which developed without industrial protectionism, promotion, & other distortions? The question can be turned around in this case: has there ever been an instance of "labour-led development"?
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that was a rhetorical question :-)
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