50-Year Overview from The Global Consumption And Income Project (GCIP)
WORKING PAPER
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This paper shows how regional distributions of income and consumption have evolved very differently over time.
Using newly comprehensive data and tools from the Global Consumption and Income Project or GCIP, covering most of the world and five decades, we present a portrait of the changing global distribution of consumption and income and discuss its implications for our understanding of inequality, poverty, inclusivity of growth and development, world economic welfare, and the emergence of a global ‘middle class’. The GCIP provides a resource for ongoing analysis, and forecasting, of developments in the world distribution.