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Branko Milanovic: Neoliberal globalization increases world economic growth when measured by population

Branko Milanovic: Neoliberal globalization increases world economic growth when measured by population
Growth measured by people, not GDP weighting

Branko Milanovic argues that neoliberal globalization has produced a higher world economic growth rate when growth is measured across people instead of by the standard GDP weighting method.

He states that the weight of the U.S. in overall economic growth is affected by the measurement approach.

Milanovic has previously noted that unweighted international GDP per capita-based inequality has remained steady since 2018. In a separate commentary, he called a La Repubblica headline about a market crisis misleading. His analysis often focuses on the methods and narratives used to interpret global economic data.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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