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Points:
•Tendency for income per capita to
converge.
•An increase in inequality in
distribution of personal income
within the countries.
Approaches for the distribution of
income:
• Use of household income or expenditure.
• Use of GDP per capita or mean income.
• Apply actual income distribution of
Representative countries
• Aggregate GDP data
Hegemonic stability theory
1
2
The capability to
3
enforce rule of the The willing to do
system. so. A commitment to a
system which is
perceived to be
mutually beneficial
to major states.