Economics & Finance / Economic Theory / Development Economics
How India’s Urban Boom Slashed Poverty (But Not How You Think)
For decades, we thought rural growth was the only way to reduce poverty in India. But after 1991, everything flipped. This video dives into a groundbreaking 60-year study (1951-2012) that reveals a shocking truth: urban growth, not farming, became the main driver of poverty reduction—even for rural areas. Discover how India's cities and construction boom lifted millions out of poverty, why agriculture now plays a tiny role, and what this means for the future of global poverty. Based on research by economists including G. B. Thapa and others, this is a must-watch for anyone interested in development, economics, or urban policy.
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