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Latin America has recently experienced three cycles of capital inflows, the first two ending in major financial crises. The first took place between 1973 and the 1982 ‘debt-crisis’. The second took place between the 1989 ‘Brady bonds’ agreement (and the beginning of the economic reforms...
Persistent link: https://www.econbiz.de/10009399317
Persistent link: https://www.econbiz.de/10012088842
In an article published in Development and Change in 2011, I suggested an alternative measure of inequality to the Gini - a "19th Century statistic" - which has subsequently become known as the ´Palma Ratio'. In this new article, I revisit the argument for such a measure. Using new data, I...
Persistent link: https://www.econbiz.de/10010949350
Latin America is a region whose critical social imagination has stalled, changing from a uniquely prolific period during the 1950s and 1960s - revolving around structuralism, 'dependency', Baran and Sweezy-type analysis of 'monopoly capitalism', French structuralism, the German Historical...
Persistent link: https://www.econbiz.de/10010949353
type="main" <title type="main">ABSTRACT</title> <p>In an article published in this journal in 2011, an alternative measure of inequality was suggested, which has subsequently become known as ‘the Palma Ratio’. In this new article, the author of the original proposal revisits the argument for such a measure. Using new...</p>
Persistent link: https://www.econbiz.de/10011153078
type="main" xml:lang="en" <title type="main">ABSTRACT</title> <p>This article examines distributional disparities within nations. There are six main conclusions. First, about 80 per cent of the world's population now lives in regions whose median country has a Gini close to 40. Second, as outliers are now only located among...</p>
Persistent link: https://www.econbiz.de/10011035210