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Gabriel Palma
Gabriel Palma (José Gabriel Palma) is a noted Chilean development economist. He is an emeritus professor at University of Cambridge and a part-time professor at University of Santiago, Chile. He is most noted for his work on dependency theory, the political economy of development in Latin America and income distribution. 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's finding that middle class incomes almost always represent about half of gross national income while the other half is split between the richest 10% and poorest 40%, but that the share of those two groups varies considerably across countries. 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 S ...
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University Of Cambridge
, mottoeng = Literal: From here, light and sacred draughts. Non literal: From this place, we gain enlightenment and precious knowledge. , established = , other_name = The Chancellor, Masters and Scholars of the University of Cambridge , type = Public research university , endowment = £7.121 billion (including colleges) , budget = £2.308 billion (excluding colleges) , chancellor = The Lord Sainsbury of Turville , vice_chancellor = Anthony Freeling , students = 24,450 (2020) , undergrad = 12,850 (2020) , postgrad = 11,600 (2020) , city = Cambridge , country = England , campus_type = , sporting_affiliations = The Sporting Blue , colours = Cambridge Blue , website = , logo = University of Cambridge logo ...
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University Of Santiago, Chile
The University of Santiago, Chile (Usach) ( es, Universidad de Santiago de Chile) is one of the oldest public universities in Chile. The institution was born as ''Escuela de Artes y Oficios'' (Spanish: ''School of Arts and Crafts'') in 1849 by Ignacy Domeyko, under the government of Manuel Bulnes. It became ''Universidad Técnica del Estado'' (Spanish: ''Technical University of the State'') in 1947, with various campuses throughout the country. In 1981, as a consequence of a reform on higher education under the dictatorship of Augusto Pinochet, it became what is now known as ''Universidad de Santiago de Chile'', with all activities centered in a single 340,000 m2 campus in the capital Santiago. History The University of Santiago of Chile (USACH) started as the School of Arts and Crafts in 1849. It was born in the mid-20th century and it is the fifth oldest university in Chile. Escuela de Artes y Oficios The Escuela de Artes y Oficios (EAO)(Spanish ''School of Arts and Crafts'' ...
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Dependency Theory
Dependency theory is the notion that resources flow from a "periphery" of poor and underdeveloped states to a "core" of wealthy states, enriching the latter at the expense of the former. A central contention of dependency theory is that poor states are impoverished and rich ones enriched by the way poor states are integrated into the "world system". This theory was officially developed in the late 1960s following World War II, as scholars searched for the root issue in the lack of development in Latin America. The theory arose as a reaction to modernization theory, an earlier theory of development which held that all societies progress through similar stages of development, that today's underdeveloped areas are thus in a similar situation to that of today's developed areas at some time in the past, and that, therefore, the task of helping the underdeveloped areas out of poverty is to accelerate them along this supposed common path of development, by various means such as in ...
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Income Inequality Metrics
Income inequality metrics or income distribution metrics are used by social scientists to measure the distribution of income and economic inequality among the participants in a particular economy, such as that of a specific country or of the world in general. While different theories may try to explain how income inequality comes about, income inequality metrics simply provide a system of measurement used to determine the dispersion of incomes. The concept of inequality is distinct from poverty and fairness. Income distribution has always been a central concern of economic theory and economic policy. Classical economists such as Adam Smith, Thomas Malthus and David Ricardo were mainly concerned with factor income distribution, that is, the distribution of income between the main factors of production, land, labour and capital. It is often related to wealth distribution, although separate factors influence wealth inequality. Modern economists have also addressed this issue, but have ...
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Gross National Income
The gross national income (GNI), previously known as gross national product (GNP), is the total domestic and foreign output claimed by residents of a country, consisting of gross domestic product (GDP), plus factor incomes earned by foreign residents, minus income earned in the domestic economy by nonresidents. Comparing GNI to GDP shows the degree to which a nation's GDP represents domestic or international activity. GNI has gradually replaced GNP in international statistics. While being conceptually identical, it is calculated differently. GNI is the basis of calculation of the largest part of contributions to the budget of the European Union#GNI-based own resources, budget of the European Union. In February 2017, Ireland's GDP became so distorted from the base erosion and profit shifting ("BEPS") tax planning tools of U.S. multinationals, that the Central Bank of Ireland replaced Irish GDP with a new metric, Irish Modified gross national income, Modified GNI (or "GNI*"). ...
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Human Development And Capability Association
The Human Development and Capability Association (HDCA) was launched in September 2004 at the Fourth Capability Conference in Pavia, Italy. It was founded to promote research from many disciplines on key problems including poverty, justice, well-being, and economics. The Association holds annual conferences; maintains a website and mailing list; supports training activities; and provides a forum in which collaborative research can emerge. The HDCA also produces a peer-reviewed journal, the ''Journal of Human Development and Capabilities'': A Multi-Disciplinary Journal for People-Centered Development. The association is supported by the Canadian International Development Research Centre, International Development Research Centre (IDRC). Presidents The economist and Nobel Prize, nobel Laureate Amartya Sen was the founding president and remained President until 2006 when philosopher, Martha Nussbaum, took over. She was succeeded in 2008 by Frances Stewart (economist), Frances Stewar ...
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Joe Stiglitz
Joseph Eugene Stiglitz (; born February 9, 1943) is an American New Keynesian economist, a public policy analyst, and a full professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979). He is a former senior vice president and chief economist of the World Bank. He is also a former member and chairman of the (US president's) Council of Economic Advisers. He is known for his support of Georgist public finance theory and for his critical view of the management of globalization, of ''laissez-faire'' economists (whom he calls " free-market fundamentalists"), and of international institutions such as the International Monetary Fund and the World Bank. In 2000, Stiglitz founded the Initiative for Policy Dialogue (IPD), a think tank on international development based at Columbia University. He has been a member of the Columbia faculty since 2001, and received the university's highest academic rank (uni ...
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Hajoon Chang
Ha-Joon Chang (; ; born 7 October 1963) is a South Korean institutional economist, specialising in development economics. Chang is the author of several widely discussed policy books, most notably ''Kicking Away the Ladder: Development Strategy in Historical Perspective'' (2002). In 2013, ''Prospect'' magazine ranked Chang as one of the top 20 World Thinkers. He has served as a consultant to the World Bank, the Asian Development Bank, the European Investment Bank, as well as to Oxfam and various United Nations agencies. He is also a fellow at the Center for Economic and Policy Research in Washington, D.C. In addition, Chang serves on the advisory board of Academics Stand Against Poverty (ASAP). Biography After graduating from Seoul National University's Department of Economics, he studied at the University of Cambridge, earning an MPhil and a PhD for his thesis entitled ''The Political Economy of Industrial Policy – Reflections on the Role of State Intervention'' in 1991. C ...
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Philip Arestis
Philip, also Phillip, is a male given name, derived from the Greek language, Greek (''Philippos'', lit. "horse-loving" or "fond of horses"), from a compound of (''philos'', "dear", "loved", "loving") and (''hippos'', "horse"). Prominent Philips who popularized the name include List of kings of Macedonia, kings of Macedonia and one of the apostles of early Christianity. ''Philip'' has #Philip in other languages, many alternative spellings. One derivation often used as a surname is Phillips (surname), Phillips. It was also found during ancient Greek times with two Ps as Philippides (other), Philippides and Philippos. It has many diminutive (or even hypocorism, hypocoristic) forms including Phil, Philly (other)#People, Philly, Lip (other), Lip, Pip (other), Pip, Pep (other), Pep or Peps. There are also feminine forms such as Philippine de Rothschild, Philippine and Philippa. Antiquity Kings of Macedon * Philip I of Macedon * Philip II ...
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Living People
Related categories * :Year of birth missing (living people) / :Year of birth unknown * :Date of birth missing (living people) / :Date of birth unknown * :Place of birth missing (living people) / :Place of birth unknown * :Year of death missing / :Year of death unknown * :Date of death missing / :Date of death unknown * :Place of death missing / :Place of death unknown * :Missing middle or first names See also * :Dead people * :Template:L, which generates this category or death years, and birth year and sort keys. : {{DEFAULTSORT:Living people 21st-century people People by status ...
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Development Economists
Development economics is a branch of economics which deals with economic aspects of the development process in low- and middle- income countries. Its focus is not only on methods of promoting economic development, economic growth and structural change but also on improving the potential for the mass of the population, for example, through health, education and workplace conditions, whether through public or private channels. Development economics involves the creation of theories and methods that aid in the determination of policies and practices and can be implemented at either the domestic or international level. This may involve restructuring market incentives or using mathematical methods such as intertemporal optimization for project analysis, or it may involve a mixture of quantitative and qualitative methods. Common topics include growth theory, poverty and inequality, human capital, and institutions. Unlike in many other fields of economics, approaches in development econ ...
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Dependency Theorists
Dependency, dependent or depend may refer to: Computer science * Dependency (computer science) or coupling, a state in which one object uses a function of another object * Data dependency, which describes a dependence relation between statements in a program * Dependence analysis, in compiler theory * Dependency (UML), a relationship between one element in the Unified Modeling Language * Dependency relation, a type of binary relation in mathematics and computer science. * Functional dependency, a relationship between database attributes allowing normalization. * Dependent type, in computer science and logic, a type that depends on a value * Hidden dependency, a relation in which a change in many areas of a program produces unexpected side-effects * Library dependency, a relationship described in and managed by a software dependency manager tool to mitigate dependency hell Economics * Dependant (British English) (Dependent - American English), a person who depends on another ...
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