With fairer commodity prices, poorer countries would have had surpluses to invest in infrastructures, education & health
https://x.com/PikettyWIL/status/1932073978631274964
With fairer commodity prices, poorer countries would have had surpluses to invest in infrastructures, education & health.
If rich countries had absorbed the cost through reduced elite consumption, we could have reached near-complete productivity convergence between North and South by 2025.
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