Global Capital, Empire and Argentina

Juan Jose Barrios jota at netgate.com.uy
Sun Dec 23 16:44:59 PST 2001


but it is the trend that is important here. Brazil has always had a bad distribution, which has remain almost stable during the last decade or so. However, Argentina has seen its Gini grow significantly over the same period....

Bradford DeLong wrote:


> >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



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