Debraj Ray, an expert in economic mobility, and Garance Genicot, a researcher on upward mobility in developing countries, engage in a compelling discussion. They explore the complexities of measuring upward mobility in low-income nations, highlighting challenges like data scarcity and the informal economy. The conversation examines the Great Gatsby Curve, showing how income inequality impacts social mobility. They stress the importance of education in facilitating upward mobility and the critical need for nuanced policy-making that fosters shared prosperity.
