A Comparative Perspective on Poverty Reduction in Brazil, China and India
Brazil, China and India have seen
falling poverty in their reform periods, but to varying
degrees and for different reasons. History left China with
favorable initial conditions for rapid poverty reduction
through market-led economic growth; at the outset of the
reform process there were ample distortions to remove and
relatively low inequality in access to the opportunities so
created, though inequality has risen markedly since. By