That darn Walmart – From TCS here’s “
Forget the World Bank, try Walmart”: “
With an estimated $23 billion in Chinese exports in 2005 (out of a total of $713 billion in manufacturing exports), Wal-Mart might well be single-handedly responsible for bringing about 38,000 people out of poverty in China each month, about 460,000 per year.” There are many footnotes and even Paul Krugman is cited.
What fabulous news!
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