Publication

This paper uses a custom-built economic growth model to determine the winners and losers of the global 'growth sweepstakes' in recent decades. In doing so, it first reviews recent empirical studies on global inequality and economic growth. Next, it uses Gini and Theil measurements and density curves to examine inequality over the last 20 years, both between countries and within them. Then, the paper presents an alternative ‘layers’ approach to help measure variations in growth. Finally, and as a consequence of the previous steps, it uses its revised figures to redraw the picture of global growth in recent history.