Inequality did not increase during the early stages of economic development in Japan and the East Asian Tigers. But in India and China it did. Why is that? Vamsi Vakulabharanam suggests that the explanation lies not with the particularities of the countries themselves, but rather with the shift in the "regime of global capitalism" around 1980. Testing whether a global regime shift drives inequality dynamics in national development -- this is new economic thinking.
About Vamsi Vakulabharanam
Vamsi is currently an Associate Professor of economics at the University of Hyderabad, India. He completed his Ph.D. in economics from the University of Massachusetts, Amherst, in 2004. His research interests center around the nature and changing dynamics of inequality in the contemporary economies of India and China. More...
Comments
Very interesting premises for understanding the wider causes of inequality.
I am very interested in following Prof. Vakulabharnam's project.
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