Luxury Business

2021 ◽  
Author(s):  
Pierre-Yves Donzé ◽  
Véronique Pouillard ◽  
Joanne Roberts
Keyword(s):  
Income Inequality ◽  
High Growth ◽  
Academic Disciplines ◽  
Global Issues ◽  
Critical Studies ◽  
Luxury Industry

The high growth experienced by luxury companies during the last three decades has attracted the attention of a broad range of scholars from various academic disciplines, from history to management and critical studies. This chapter discusses their respective contributions for a better understanding of contemporary luxury business. Additionally, it offers new perspectives on the major global issues faced by this industry in the post-COVID pandemic era, namely, the globalisation of markets and dependency on China; income inequality, the democratisation of luxury, and authenticity; questions concerning production; sustainability; and the challenges to European dominance of the luxury industry.

Lorenz Curve, Gini Coefficient, and the Income Inequality in Turkey in the Last 13 Years

2019 ◽  
pp. 554-574
Author(s):  
Sema Bölükbaş
Keyword(s):  
Income Inequality ◽  
Lorenz Curve ◽  
National Income ◽  
High Growth ◽  
Transformation Process ◽  
Welfare Regime ◽  
Absolute Poverty ◽  
Gini Coefficients ◽  
Income Inequalities ◽  
Accession Process

Today income inequality and poverty are among highly disputed issues all over the world. It has been well understood that this problem can not be solved only with economic growth. Some social policy implementations conducive to redistribute the national income are essential to create a decrease in social and eceonomic inequalities. This is also true for Turkey. In last decade Turkey has managed high growth rates, budget discipline and improved some basic public services. As a result, absolute poverty rates decreased considerably. Although Turkey's welfare regime is going through a serious transformation process with effect of EU accession process, these policies have not been able to reduce relative poverty rates and income inequalities. Consequently Turkey's last decade is marked by high gini coefficients and income inequalities. It is obvious that there is a great need to develop a welfare regime which is able to establish a fairer income distribution.

Political Science in the USSR: ‘To Be, Or Not To Be” Some Reflections on the Implications of a Recent Soviet Critique of American Political Science

1971 ◽  
Vol 23 (4) ◽  
pp. 684-703 ◽  
Author(s):  
Rolf H. W. Theen
Keyword(s):  
Soviet Union ◽  
Political Science ◽  
Academic Discipline ◽  
Academic Disciplines ◽  
The West ◽  
Critical Studies ◽  
The Soviet Union ◽  
American Political Science ◽  
Official Recognition ◽  
Soviet Study

The emergence or reemergence of academic disciplines in the Soviet Union has frequently been signalled or accompanied by the publication of comprehensive critical studies of their “bourgeois” counterparts in the West. Thus, for example, Soviet empirical research in sociology and the subsequent tentative and limited official recognition of sociology as an academic discipline were preceded by the appearance of a number of monographs devoted to a critique of Western sociology. Perhaps it is against this background and from this perspective that one must interpret the publication, in 1969, of the first major Soviet study and critique of American political science.

Regional Economic Growth and Inequality in India: A Sector-wise Decomposition Analysis

2020 ◽  
pp. 097674792091082
Author(s):  
Ranjan Aneja ◽  
Barkha ◽  
Umer Jeelanie Banday
Keyword(s):  
Income Inequality ◽  
Capita Income ◽  
Decomposition Analysis ◽  
High Growth ◽  
Major Change ◽  
Per Capita Income ◽  
Tertiary Sector ◽  
Reform Period ◽  
Per Capita

This article attempts to examine the behaviour of various sectors, with emphasis on the role of income inequality. First, the article estimates the sectoral decomposition in terms of net state domestic product (NSDP) among different states from years 1991–1992 to 2016–2017. Second, we analyse the sector-wise decomposition of regional inequality in term of per capita income. Finally, we analyse the role of developmental expenditure in regional inequalities in term of per capita developmental expenditure across various states. Based on empirical results, India has witnessed a high growth in per capita income in the post-reform period. With high growth rate, the sectoral composition of income has also registered a major change. The tertiary sector is the major contributor to growth in the post-reform period. At the sectoral level, disparity decreased within the sectors in case of primary and tertiary sector and increased in secondary sector. However, overall, the tertiary and secondary sectors are more responsible for raising the income inequality among the states while primary sector is offsetting this gap. JEL: O15, I14, I32, O12

Lorenz Curve, Gini Coefficient and the Income Inequality in Turkey in the Last 13 Years

2016 ◽  
pp. 275-296
Author(s):  
Sema Bölükbaş
Keyword(s):  
Income Inequality ◽  
Lorenz Curve ◽  
National Income ◽  
High Growth ◽  
Transformation Process ◽  
Welfare Regime ◽  
Absolute Poverty ◽  
Gini Coefficients ◽  
Income Inequalities ◽  
Accession Process

Today income inequality and poverty are among highly disputed issues all over the world. It has been well understood that this problem can not be solved only with economic growth. Some social policy implementations conducive to redistribute the national income are essential to create a decrease in social and eceonomic inequalities. This is also true for Turkey. In last decade Turkey has managed high growth rates, budget discipline and improved some basic public services. As a result, absolute poverty rates decreased considerably. Although Turkey's welfare regime is going through a serious transformation process with effect of EU accession process, these policies have not been able to reduce relative poverty rates and income inequalities. Consequently Turkey's last decade is marked by high gini coefficients and income inequalities. It is obvious that there is a great need to develop a welfare regime which is able to establish a more fair income distribution.

Reclaiming Singapore's ‘Growth with Equity’ Social Compact

2015 ◽  
Vol 16 (2) ◽  
pp. 160-176 ◽  
Author(s):  
LILY ZUBAIDAH RAHIM
Keyword(s):  
Income Inequality ◽  
Population Policy ◽  
High Growth ◽  
Foreign Workers ◽  
Income Disparity ◽  
Public Intellectuals ◽  
Cost Of Living ◽  
Income Disparities ◽  
Social Compact ◽  
The Impact

AbstractSingapore's long-serving People's Action Party (PAP) government suffered from a major electoral setback in the 2011 general election and subsequent by-elections. The high-growth population policy, underpinned by the influx of migrants and foreign workers, has strongly fuelled the groundswell of public discontent and is commonly perceived to have contributed to widening income disparities, wage stagnation, and cost of living pressures. This article attempts to make sense of the PAP leadership's dogged commitment to the high-growth population policy despite the electoral backlashes and policy criticisms by prominent public intellectuals and others closely connected to the PAP establishment. It considers Singapore's high-growth population policy and widening income disparity within the context of the authoritarian developmental state's shift away from the ‘growth with equity’ social compact. The article also examines the impact of widening income inequality and other policy lapses on the legitimacy of the PAP government as the clamor for a renewed social compact based on ‘growth with equity’ gathers momentum in the repoliticized polity.

Income Inequality, Entrepreneurial Activity, and National Business Systems: A Configurational Analysis

2017 ◽  
Vol 57 (6) ◽  
pp. 1114-1149 ◽  
Author(s):  
Krista B. Lewellyn
Keyword(s):  
Income Inequality ◽  
Qualitative Comparative Analysis ◽  
High Growth ◽  
Entrepreneurial Activity ◽  
Business Systems ◽  
Different Types ◽  
Institutional Contexts ◽  
National Business Systems ◽  
Entrepreneurial Activities ◽  
National Business

This article explores how and why high levels of income inequality result from configurations of different types of entrepreneurial activities and elements of the institutional context in a multicountry sample. A configurational approach is used to unpack the complexities associated with how income inequality arises from different types of entrepreneurial activities embedded in different institutional contexts associated with Whitley’s national business systems dimensions. The findings from fuzzy-set qualitative comparative analysis reveal that high levels of both high-growth and necessity entrepreneurial activity are associated with income inequality in certain contexts that are characterized by distinct institutional complementarities.

TRADE UNIONS, UNEMPLOYMENT, ECONOMIC GROWTH, AND INCOME INEQUALITY

2014 ◽  
Vol 20 (1) ◽  
pp. 404-428 ◽  
Author(s):  
Juin-jen Chang ◽  
Hsiao-wen Hung
Keyword(s):  
Income Inequality ◽  
Trade Unions ◽  
Numerical Study ◽  
High Growth ◽  
Working Hours ◽  
Labor Income ◽  
Intensive Margin ◽  
Ambiguous Effect ◽  
The Impact ◽  
Positive Effect

In this paper, unemployment, growth, and income inequality are interdependent and endogenously determined in a unified model of a trade union. Analytically, we show that the effective labor force exhibits an intensive margin response, in the sense that in response to higher unionization the number of employed workers decreases, but each individual employed worker provides more working hours. This intensive margin response leads to the possibility of the coexistence of high unemployment and high growth. Moreover, unionization gives rise to an ambiguous effect on income inequality, whereas it has an unambiguously positive effect on the labor income share and growth rate. Our numerical study shows that the elasticity of substitution between labor and capital plays an important role in governing the steady-state consequences and affecting the impact of (de-) unionization. These results provide not only a plausible explanation of the empirical evidence, but also a reconciliation for the disparity in the empirical findings.

Lorenz Curve, Gini Coefficient and the Income Inequality in Turkey in the Last 13 Years

2020 ◽  
pp. 537-558
Author(s):  
Sema Bölükbaş
Keyword(s):  
Income Inequality ◽  
Lorenz Curve ◽  
National Income ◽  
High Growth ◽  
Transformation Process ◽  
Welfare Regime ◽  
Absolute Poverty ◽  
Gini Coefficients ◽  
Income Inequalities ◽  
Accession Process

Today income inequality and poverty are among highly disputed issues all over the world. It has been well understood that this problem can not be solved only with economic growth. Some social policy implementations conducive to redistribute the national income are essential to create a decrease in social and eceonomic inequalities. This is also true for Turkey. In last decade Turkey has managed high growth rates, budget discipline and improved some basic public services. As a result, absolute poverty rates decreased considerably. Although Turkey's welfare regime is going through a serious transformation process with effect of EU accession process, these policies have not been able to reduce relative poverty rates and income inequalities. Consequently Turkey's last decade is marked by high gini coefficients and income inequalities. It is obvious that there is a great need to develop a welfare regime which is able to establish a more fair income distribution.

scholarly journals Economic Development Paper

2019 ◽  
Author(s):  
Diana Annisa
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Income Inequality ◽  
Income Distribution ◽  
High Growth ◽  
Relative Poverty ◽  
Low Level ◽  
The Poor ◽  
The Rich ◽  
Distribution Of Income

The main problems in economic development are increasing economic growth, eliminating poverty and eliminating poverty. In some destination countries it is sometimes a dilemma between emphasizing economic growth or reducing inequality in income distribution (Deininger and Olinto, 2000). High growth does not necessarily guarantee that the inequality of income distribution will be low.Poverty and income inequality are two things that are being intensely emphasized by the government's growth. Inequality is closely related to poverty because fundamentally inequality is an indicator of relative poverty, namely the gap between the rich and the poor. The low level of inequality, or the more even distribution of income, is certainly one of the important agendas of economic development.To measure economic inequality can be seen using the Gini ratio. Gini ratio is an indicator of income distribution level indicated by a coefficient of zero to one, which means the higher the coefficient, the more uneven distribution of income of the population.

GLOBALIZATION, LIBERALIZATION AND INCOME INEQUALITY: THE CASE OF CHINA

2014 ◽  
Vol 59 (01) ◽  
pp. 1450002 ◽  
Author(s):  
JINJUN XUE ◽  
CHULIANG LUO ◽  
SHI LI
Keyword(s):  
Income Inequality ◽  
Economic Reform ◽  
Transition Period ◽  
High Growth ◽  
Chinese Economy ◽  
Income Gap ◽  
Future Economic Development ◽  
Reform And Opening Up ◽  
Opening Up

This paper studies the mutual effects of globalization, liberalization and income inequality using a case study of China. Comparing the trends of economic growth and income distribution, we found that the economic reform and opening-up policy promoted China's rapid growth while inducing an expansion in income disparity. We also found that the income gap had been a force driving China's high growth in its earlier transition period but began to be an obstacle as the Chinese economy became more globalized and liberalized. To enhance future economic development, China must reduce this inequality.

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