Re: Re: Re: Re: What is going on?

[jdevine]

> Brad DeLong wrote:
> >Rates of growth of GDP per capita, India:
> >
> >1950-1980    1.1% per year
> >1980-1990    3.3% per year
> >1990-2000    4.2% per year


>>At the pace of the last decade, India's real productivity is doubling every seventeen
years (compared to a doubling time of 65 years before 1980).<<

Doug writes: 
> Any evidence on how this growth has been distributed? Are the bottom  20-40% any 
>better
off, or is it mainly captured by a thin urban middle class and the IT sector?<

also, to what extent did the rise of income get siphoned off to other countries (e.g.,
Swiss banks, stockholders of TNCs)?




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