Inequality, global economics, and development analysis by Branko Milanovic
Branko Milanovic: Responsible capitalism concept emerged after Asian financial crisis and global protests
Branko Milanovic draws attention to the origins of 'responsible capitalism,' noting that market consultants developed the concept in response to the Asian financial crisis and social unrest ...
Unweighted international inequality in GDP per capita has decreased, Branko Milanovic notes
Branko Milanovic highlights the ongoing debate around measuring global inequality. According to Milanovic, unweighted international inequality, also called Concept 1 inequality, refers to the ...
Branko Milanovic: Income share of political West declined from 1974 to 2022
Branko Milanovic presents data from Chapter 1 of 'The Great Global Transformation', including Figures 1.1 and 1.3, which detail changes in global ideational classification and the shifts in ...
Serbia’s GDP to world comparison remains below its 1970s high, Branko Milanovic notes
Branko Milanovic highlights the trajectory of Serbia’s GDP per capita compared to the global average. He observes significant progress from 1952 to 1982, followed by stagnation, a sharp downturn ...
Branko Milanovic: Economic policy still favors wealthy with unchanged tax structures
Branko Milanovic, industry influencer, argues that the wealthy continue to dominate economic policymaking, maintaining their influence as before. He notes that there have been no increases in ...
U.S. and China real interest and GDP growth tracked for 1990-2023, Branko Milanovic notes
Branko Milanovic, industry influencer, presents a comparison of the real rate of interest (r) and real GDP growth rate (g) for the U.S. and China from 1990 to 2023. The analysis highlights the ...
Branko Milanović: Wealth distribution is changing with higher incomes in Asian countries
Branko Milanović, industry influencer, delivered a presentation titled "The Great Global Transformation" in Belgrade, which will soon be available in Serbian. In his remarks, he stated that ...
Compare national GDP per capita to global average, Jim O'Neill examines
Jim O'Neill, industry influencer, proposes a method for evaluating a country's income in relation to the global economy. He suggests calculating the ratio between a country's GDP per capita and ...
Branko Milanovic: How severe is China growth slowdown in historical perspective
Branko Milanovic raises the question of how severe China’s current growth slowdown is when viewed through a historical lens. The tweet provides a link for further reading on the issue. ...
New paper explores world capitalization dynamics, Branko Milanovic states
Branko Milanovic has announced the release of a new working paper titled Capitalization of the world, co-authored with Marco Ranaldi. The announcement was made via social media and includes a ...
Branko Milanovic: Chart tracks China growth rate and GDP per capita since 1950
Branko Milanovic highlights China's economic growth by placing it in a long-term historical perspective. The provided chart visualizes the estimated rate of GDP per capita growth at various income ...
Cash exports above $100,000 to Armenia and other countries prohibited, Branko Milanovic notes
Individuals will not be able to export cash exceeding $100,000 to Armenia, Belarus, Kazakhstan, and Kyrgyzstan from April 1, according to Branko Milanovic. The restriction applies based on the ...
Branko Milanovic: Growth incidence curve shows income trends across 25 Western economies
Branko Milanovic presents an analysis using microdata from 25 Western economies. The study converts all household incomes into the same currency using purchasing power parity (PPP dollars) and ...
U.S. GDP per capita reached a peak in 1952, Branko Milanovic observes
Branko Milanovic examines when countries reached their highest gross domestic product per capita (GDPpc) relative to the world average. He states that for Asian countries, this peak is occurring ...
Branko Milanovic: Focus on distribution harms economics Lucas argues
Branko Milanovic spotlights a quote from Robert Lucas on the economic focus of the 1990s, describing it as 'horrid.' Lucas holds that centering economic discourse on distribution questions can ...
