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Are global poverty and inequality getting worse? Dear Martin

22nd January 2002

You have written eloquently in the Financial Times about globalisation. You make three main points. (1) Poverty and inequality on a world scale have both fallen over the past two decades for the first time in more than 150 years. (2) These falls are due to greater global economic integration. (3) The anti-globalisation movement encourages countries to adopt policies that will in fact only intensify their poverty and inequality.

Let us take the first point about trends in poverty and inequality. If you are wrong here, the…

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