Reforms in the Income Distribution System and Dismantling Entrenched Interests

Author(s):  
Yukai WANG
1980 ◽  
Vol 19 (2) ◽  
pp. 113-117
Author(s):  
Amit Bhaduri

In the usual format of Keynesian growth models investment governs saving: higher investment causes more profits either through greater capacity utilization (normal 'multiplier') or through rising price. (‘Profit inflation,) which, in turn, generates the matching level of savings. The present paper argues that such methods of financial higher investment plans are neither socially desirable nor even sustainable over time In an underdeveloped mixed economy. Consequently, alternative institutional and financial arrangements, where. crucial role Is assigned to a public distribution system of essential goods and profits of public enterprises, becomes imperative.


Author(s):  
Zhao Xian ◽  
Joy L. Colwell ◽  
Jing Ma

Recent directives of the Chinese government specify property rights and income distribution for factors of production. The study as to how these factors are allotted appropriate shares of business income is becoming essential to the establishment of the China’s modern enterprise system. When the manager is regarded as one of the factors of production, how one measures the value-added becomes a component of the income distribution system of the business. This paper surveys traditional views of the manager as a human capital, and offers an alternative suggestion for the measurement of the human capital of the manager which can more accurately reflect the reality of the operation of the business.


2019 ◽  
Vol 1 (1) ◽  
pp. 37-43
Author(s):  
Saiful Anwar

Abstract Distribution in the Islamic concept does not only prioritize economic aspects where size is based on the amount of property owned, but also discusses how the use of human potential can be distributed, in the form of appreciation for the right to life in life. Then the distribution is expected to overcome the problem of income distribution between various classes in society. Therefore in Islam Allah SWT implies one form of social virtue, like zakat. If this is used as the concept of income distribution, the economic system will run smoothly and the community will prosper. Gap and hunger will easily be eliminated due to the prevalence of the distribution system. And in Islamic economics a person's wealth does not make the cause of others experiencing economic difficulties, both production and consumption. Therefore Islam provides clear boundaries in living this life, including regulating matters regarding distribution. The whole is to regulate so that there is no social inequality between one party and another party and have an impact on actions or counterproductive. Therefore Islam stipulates the existence of distribution instruments, including the principle of cooperation between mudharabah and musyarakah, the existence of zakat, infaq, alms and endowments as well as other assets or income owned. Keyword: Distribution, Islamic Economics, Economic System


2019 ◽  
Author(s):  
cut jussara mufda

The cause of economic growth but not followed by the improvement of the income distribution system is because economic growth is measured by an increase in GDP (Gross Gross Domestic Product), namely the number of products in the form of goods and services produced within a country's territory in one year.Gross Domestic Product is always considered to be an indicator or determinant of living standards in a country. Therefore it is necessary to calculate GDP per capita. The calculation of Indonesia's GDP is carried out every year and always changes. The amount of GDP in Indonesia in 2016 is approximately 3,604 per capita and in 2018 it has decreased to 3,788 per capita after 2017 has increased to 3,875 per capita.Economic growth in Indonesia continues to increase along with the 4 components above which continue to be improved. Because GDP is a standard that has become a benchmark for economic growth, the 4 components that are continually being improved also encourage economic growth in Indonesia. This can be seen from 2019 Indonesia's GDP which increased compared to 2018. Investment that continues to increase then also increases GDP per capita in Indonesia in 2019.


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