Social-economic Dimension of Globalisation and Income Inequality

Daniela Špirková, Beata Stehlíková and Mária Zúbková
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Daniela Špirková: Department of Business Economics, Faculty of Business and Economics, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech Republic
Beata Stehlíková: Institute of Management, Slovak University of Technology in Bratislava, Vazovova 5,812 43 Bratislava, Slovakia
Mária Zúbková: Institute of Management, Slovak University of Technology in Bratislava, Vazovova 5,812 43 Bratislava, Slovakia

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2016, vol. 64, issue 5, 1763-1773

Abstract: Globalization is a broad concept casually used to describe a variety of phenomena of countries. However, there is no universally accepted definition and neither standard measurement for globalization nor social dimension of globalization. Many attempts have been made to measure globalization. Authors introduce single indices - economic and social globalization index and index for progress in reducing income inequality as fuzzy membership functions. Authors analyse the dependence of the new indices. Authors create clusters of similar EU countries in the view of these two indices with the help of fuzzy c-cluster analysis. The result is two clusters of states - original EU countries, newly associated and four states - Greece, Portugal, Slovenia a Malta turned out as not decided.

Keywords: globalization; income inequality; fuzzy c-cluster analysis; cohesion policy; EU (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:mup:actaun:actaun_2016064051763

DOI: 10.11118/actaun201664051763

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