Timeline for Would poorer countries be better off by cutting off all trade with rich countries?
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| Nov 1, 2023 at 8:50 | comment | added | Peter - Reinstate Monica | By the way, I like answering questions even in fields in which I do not have a formal education because I usually learn something; this answer was no exception. Sorry that the first version was not good; it was your remark which let me read a few papers from which I learned something. The motivation to pitch in here though is indeed the first paragraph of my answer: Whom do we focus on? | |
| Nov 1, 2023 at 8:41 | comment | added | Peter - Reinstate Monica | @LeehMizrahi I suggest you cancel your stackexchange membership to avoid further frustration of this kind because it is not uncommon here that laymen pitch in, especially for hot network questions. "Quality control" is performed by votes, which appears to work. Alternatively, you could let us benefit from your expert insights. If you had written a convincing answer summarizing the state of research concerning the effects of liberalizing trade on the poor, I might have not attempted my own (seriously). Simply sitting on the sideline venting frustration though is the least productive option. | |
| Oct 31, 2023 at 23:56 | comment | added | Leeh Mizrahi | you trying to answer technical issue that is clearly too complex for a layman and in area you don't know much about? I am sorry if I sound too harsh, but I am tired of people who pretend that they are experts on covid, physics, geopolitics, military, economics, when they clearly just discovered the subject for the first time, and when they try to answer complex question they don't really understand. | |
| Oct 31, 2023 at 23:55 | comment | added | Leeh Mizrahi | @Peter-ReinstateMonica it is not stretch you are just clearly layman and don't understand this issue. 1 dollar does not have the same marginal benefit to every person. For a billionaire going from earning 1 billion per year to earning 2 billion per year will not be transformative. For a poor person to go from 1 dollar per day to 2 or 3 dollars per day may completely transform their lives, make them longer, healthier, happier. You are clearly reading this literature for the first time, and you don't know how it connects with wider literature. If you are not an expert on a subject why are | |
| Oct 30, 2023 at 20:03 | comment | added | Peter - Reinstate Monica | @LeehMizrahi by the way, even Dollar&Kraay do not claim that the poor are "the main beneficiaries"; they merely claim that globalization increases growth while not increasing inequality which amounts to poverty reduction in absolute terms, and in absolute terms only (hey! three dollars instead of two!"). But since the rich gain a lot more it's a stretch to claim the poor are the "main beneficiaries". | |
| Oct 30, 2023 at 19:44 | comment | added | Peter - Reinstate Monica | @LeehMizrahi Thanks for the sources. I looked some of them up and incorporated them into my (now somewhat different) answer. | |
| Oct 30, 2023 at 19:41 | history | edited | Peter - Reinstate Monica | CC BY-SA 4.0 |
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| Oct 30, 2023 at 18:47 | history | edited | Peter - Reinstate Monica | CC BY-SA 4.0 |
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| Oct 30, 2023 at 17:41 | history | notice removed | 1muflon1♦ | ||
| Oct 30, 2023 at 17:41 | comment | added | 1muflon1♦ | @Peter-ReinstateMonica oh haha that was fast, I will delete my last comment | |
| Oct 30, 2023 at 17:40 | comment | added | Peter - Reinstate Monica | @1muflon1 I added references (and changed my conclusion ;-) ). | |
| Oct 30, 2023 at 17:39 | history | notice added | 1muflon1♦ | Needs citation | |
| Oct 30, 2023 at 17:39 | history | edited | Peter - Reinstate Monica | CC BY-SA 4.0 |
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| Oct 30, 2023 at 17:01 | review | Low quality posts | |||
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| Oct 30, 2023 at 16:57 | comment | added | Leeh Mizrahi | Chen 1997; Gallup et al 1998; Adams 2002; Dollar & Kray 2004 in Oxford Handbook of Growth, Inequality and Poverty. Kruijk 2012, Poverty Dynamics; Rodrick 2007 One Economics, Many Recipies; Acemoglu and Robinson 2012. All these studies are research from top universities and top economists. Literally, every university textbook on growth. The positive link between growth and poverty reduction is crystal clear and established beyond any reasonable doubt. | |
| Oct 30, 2023 at 16:18 | comment | added | Peter - Reinstate Monica | @LeehMizrahi Can you reference such studies? | |
| Oct 30, 2023 at 14:33 | comment | added | WilliamT | but few emotional anecdotes are not research | |
| Oct 30, 2023 at 14:30 | comment | added | WilliamT | People in Europe went to cities because of high wages in cities compared to wages offered on farms and country side. You should read Gordon's The Raise and Fall of Economic Growth. Also even people like Piketty say inequality in west is driven by low growth (look at his Capital in 21st century). Poor economies are already unequal with local warlords living in luxury while poor people living at subsistence level. Also documentaries are not real evidence. There are documentaries like; plandemic or ancient aliens. You can always find few individuals who suffer from anything even vaccines | |
| Oct 30, 2023 at 13:56 | comment | added | Leeh Mizrahi | Studies show that poor people in the poor countries are main beneficiaries of economic growth, based on what research you claim they do not benefit? | |
| Oct 30, 2023 at 13:27 | history | answered | Peter - Reinstate Monica | CC BY-SA 4.0 |