by Gerry Rodgers* – Indian Express
Inequality has figured prominently in Brazil’s economic reforms. India’s liberalisation regime focused on removing poverty, but strains caused by inequalities are sharpening.
Thirty years ago, income distribution in India was regarded as relatively equal, at least in international comparison. Meanwhile, Brazil was breaking world records for inequality. Today, inequality in India is high and increasing, while in Brazil it has declined substantially since the 1990s. As a result, on many measures India is now more unequal than Brazil.