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The Rich and The Rest 2: The High Cost of Low Wages

October 31, 2013 By Bennett Voyles

  Rapidly rising incomes at the top of the scale mean that inequality has grown enormously in the past three decades–and critics argue that mature market companies and society are paying a high price for low wages. Until the early 1970s, whenever productivity rose in the developed world, wages rose too, as in China today. […]

Filed Under: All Articles, Best Practice, Management, Policy and Law Tagged With: Income Disparity, Income Pyramid, Slider, The Rich and The Rest

The Rich and the Rest 1: What Higher Executive Pay means for Corporate Growth

October 9, 2013 By Bennett Voyles

In this series of articles, we take a look at the business impact of the global divergence between the rich and the rest of society. In the first one, we examine what the rise in executive pay and income disparity means for corporate growth. Across much of the world today, the slope to the top […]

Filed Under: All Articles, Connections, Economy, Know China, Policy and Law, Society Tagged With: Executive Pay, Income Disparity, Income Pyramid, Slider, The Rich and The Rest

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Information, analysis, and interviews about the Chinese economy and doing business in China, from the people who know it best. Presented by the Cheung Kong Graduate School of Business, China's leading business school.


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RSS CKGSB News & Events

  • Professor Erica Li comments on IMF’s latest ‘Global Financial Stability Report’
  • CKGSB Economist Develops Dynamic Model for Reopening Strategies amid COVID-19
  • Cheung Kong Graduate School of Business and Johns Hopkins Carey Business School Launch Dual Degree Master’s Program
  • What 500 years of history tells us about the long-term economic impact of pandemics

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