Re: Re: Re: What is going on?

[Michael Perelman]

A key component of Japan, S. Korea, Taiwan was land reform.  Also,
education of the lower classes, something that the World Bank has been
discouraging by demanding payment.

Also, you tend to take unrepresentative samples.

Finally, of the countries that you names, Japan, China, S. Korea, and
Singapore are condemned for not playing by market rules.

On Sun, Apr 15, 2001 at 03:58:00PM -0700, Brad DeLong wrote:
> >
> >Rapid growth seems to be associated, in most cases, with deteriorating
> >conditions for the lowest quintile
> 
> Brazil yes, Chile yes, Japan no, South Korea no, Taiwan no, Malaysia 
> no, Thailand no, Hong Kong no, Singapore no, Italy no, Botswana no, 
> China no, India maybe.
> 
> That's 10-2-1. 2 is hardly "most"...
> 

-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]