Was the global decline of extreme poverty only due to China? – Our World in Data
41 points
3 days ago
| 4 comments
| ourworldindata.org
| HN
travisporter
3 days ago
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Hm, my initial thought to this question was - is china producing so much of the worlds stuff that it affects extreme poverty - like making phones that allow an Indian farmer to better sell his fruits. Is there anything to this idea?
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tim333
2 days ago
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Making stuff in general reduces poverty. Cheap gear from China has been helpful all over the place, especially phones.
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dyauspitr
3 days ago
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India has pulled around 30% of its population out of extreme poverty over the last 15 years so Betteridge’s law applies here.
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LarsDu88
3 days ago
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Interestingly enough India abandoned Soviet style command economy about 15 years later than China did (under Deng XiaoPing) so if India is contributing to this, it may be the case that in both cases it was due to moving towards more capitalist economic systems.
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dyauspitr
3 days ago
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I don’t think either country denies this. At least in India the growth is attributed to opening up the economy, privatization, reduction in licensing and bureaucracy etc.
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AnimalMuppet
3 days ago
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I don't care whether Betteridge's law applies. It's really, really good news.
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dyauspitr
3 days ago
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Since the law applies it actually makes it better news. Poverty alleviation is happening at a rapid pace in both of the world’s most populous countries. I agree- it’s really, really good news.
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metalman
2 days ago
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the decline in poverty is directly connected to the most utterly simple technology,light to do things at night and there are still hundreds of millions who lack this solar,led's,batteries,phones,enable people to start selling the things they can now make a slight excess of,and in many cases those hand made goods, are instantly snapped up and yes, China is systematicaly pushing the most basic goods to the people who need and want it the most. China has "free trade zones" that have "hostels" where even the poorest traders can come and stay and make a business deal,ie: arive on a tramp frieghter with a fist full of cash,and head back to anywhere™ planet earth,with stuff to sell under estimate it, not
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486sx33
3 days ago
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Unfortunately any lift out of poverty in China is relational to a decline in middle class wealth in the USA

The dollar stores no longer sell items for a dollar so the critical mass has shifted. People who work at Walmart no longer can afford the items at Walmart and dollar tree is dollar-twenty-five tree.

The Chinese need to get back to making things at a lower price point and their exports reflect this. If I’m going to pay good money I don’t want the product made in China or India.

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JumpCrisscross
3 days ago
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> any lift out of poverty in China is relational to a decline in middle class wealth in the USA

Not how trade works. America's rise didn't hollow out Europe's middle class.

America's middle class's decimation was enabled by China's rise. But it wasn't caused by it.

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salesynerd
3 days ago
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That last sentence is an interesting sentiment. I can understand that it could be from the perspective of patriotism, supporting local manufacturing, quality perception, etc.

However, you would also appreciate that a large number of migrants (legal or otherwise) are involved in local manufacturing as well. The recent Reuters news on the matter comes to mind, "How migrant workers suffered to craft the 'Made in Italy' luxury label - https://www.reuters.com/world/europe/how-migrant-workers-suf..."

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lenkite
3 days ago
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> If I’m going to pay good money I don’t want the product made in China or India.

But if you are not paying good money, then its OK right ?

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hackable_sand
3 days ago
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You could have just said you are xenophobic.

Save everyone some time.

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