When the Rich Get Richer, Do the Poor Get Poorer?
Caroline Freund discusses her latest research on the effect emerging-market entrepreneurs are having on their economies. She finds that the rise of billionaire business owners in emerging-market economies who earned their wealth through entrepreneurship have benefited people of all incomes. The interview was conducted by the Jerome A. Chazen Institute for Global Business of Columbia University Business School.
Caroline Freund (PIIE)