This paper revisits the earlier assessments of the Palma Proposition and the ‘Palma Ratio’. The former is a proposition that currently changes in income or consumption inequality are (almost) exclusively due to changes in the share of the richest 10 per cent and poorest 40 per cent because...

Various recent papers have sought to make projections about the scale and locations of global poverty in the next 20 to 30 years. Such forecasts have significant policy implications because they are used to inform debates on the scale and objectives of future aid. However, these papers have...

In this paper we argue that the decline in global inequality over the last decades has spurred a 'sunshine' narrative of falling global inequality that has been rather oversold, in the sense, we argue, it is likely to be temporary. We argue the decline in global inequality will reverse due to...