One of the striking facts in this great chart by @arvindsubraman and @shoumitro_c is how developed countries with high wage rates have gained in industries that are labour intensive. Why this is happening is a puzzle, but it seems that low wage rates is not the only story in town pic.twitter.com/lPQvZLE2ns
— Niranjan Rajadhyaksha (@CafeEconomics) October 26, 2020
via Twitter https://twitter.com/CafeEconomics
October 26, 2020 at 08:32PM
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