Gabriel Palma
/ref> He is also known for the Palma ratio, which is defined as the ratio of the richest 10% of the population's share of gross national income divided by the poorest 40%'s share. This is based on Palma'
/ref>[Matthews, Dylan (2013) The global upper class makes 32 times as much as the global lower class, Washington Post, September 26, 2013]
Palma gave the 2020 Amartya Sen Lecture, for the Human Development and Capability Association (HDCA) Conference on What Went Wrong With European Social Democracy: On Building a Debilitating Capitalism, Where Even the Welfare State Subsidises Greater Market Inequality.
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Selected publications
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Palma, G. (1978). Dependency: a formal theory of underdevelopment or a methodology for the analysis of concrete situations of underdevelopment?. World development, 6(7–8), 881–924.
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Palma, J. G., & Joe Stiglitz (2016). Do nations just get the inequality they deserve? The “Palma Ratio” re-examined. In Inequality and Growth: Patterns and Policy: Volume II: Regions and Regularities (pp. 35–97). London: Palgrave Macmillan UK.
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Palma, G. (1998). Three and a half cycles of ‘mania, panic, and asymmetric crash’: East Asia and Latin America compared. Cambridge Journal of Economics, 22(6), 789–808.
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Palma, J. G. (2011). Homogeneous middles vs. heterogeneous tails, and the end of the ‘inverted‐U’: It's all about the share of the rich. Development and Change, 42(1), 87–153.
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Hajoon Chang, Palma, G., & Whittaker, D. H. (1998). The Asian crisis: introduction. Cambridge Journal of Economics, 22(6), 649–652.
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Philip Arestis, Palma, G., & Sawyer, M. (Eds.). (2005). Capital Controversy, Post Keynesian Economics and the History of Economic Thought: Essays in Honour of Geoff Harcourt, Volume One (Vol. 1). Routledge.
