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PSIR Optional PYQ Solutions · Model answer
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Globalisation promised convergence: open markets would carry capital and technology to where labour was cheap. The record is mixed. Branko Milanović's "elephant curve" (Global Inequality, 2016) shows Asia's middle classes as the big winners since 1988, yet much of the South has fallen further behind. The divide persists because globalisation layered new asymmetries onto an…
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