Global Capital, Empire and Argentina

[Bradford DeLong]

>Bradford DeLong wrote:
>
>>Growth in real GDP per capita of 4.0% in 1993, 4.5% in 1994, -4.2% 
>>in 1995, 4.2% in 1996, 6.8% in 1997, 2.6% in 1998. These left 
>>Argentina in 1998 with real GDP per capita levels 18% above what 
>>they had been six years earlier--a pace of growth that, if it could 
>>have been sustained, would double Argentinian material standards of 
>>living in 24 years.
>
>Distributed how? According to Branko Milanovic, Argentina had a gini 
>of .496 in 1993, making it the 13th most unequal of the 89 countries 
>he has numbers for.
>
>Doug

Distributed badly, although not as badly as Brazil...

Brad DeLong