While emphasising the Palma ratio, Stiglitz writes: "All countries should focus on their extreme inequalities, that is, the inequalities that do most harm to equitable and sustainable economic growth and that undermine social and political stability. A Palma ratio of one is an ideal reached in only few countries. For example,Michael Kors Handbags, countries in Scandinavia, with Palma ratios of one or less do not seem to suffer from the liabilities associated with extreme inequalities".