Rishabh Kumar is a Ph.D. candidate in Economics at The New School for Social Research (New York) and external economic advisor to the Koan Advisory Group (Delhi). He has previously taught at the Eugene Lang College of Liberal Arts and been part of the INET Sustainable Growth Program at the Schwartz Center for Economic Policy Analysis.
His research focuses on wealth, capital theory, and taxation from historical and international perspectives with focus on hidden and undervalued assets. He previously received his M.A. in Economics from Jawaharlal Nehru University.
What do we know about the wealthy in India? A pre-liberalisation analysis
26 Oct 2016
Academic attention on the metamorphosis and concentration of wealth has so far excluded poor countries. This column analyses wealth distribution in India, post-independence and pre-liberalisation. It finds that during this period of modest economic growth, the importance of the elite, especially the top 0.01%, declined quite dramatically relative to national income.
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