Tag: export
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The thesis A society at the peak of its liberalization is not a society without a hierarchy. It is a society that has learned to grant exemptions without disturbing the order. This is the difference between a norm upgrade and a norm reordering. An upgrade adds a group to the existing arrangement. A reordering changes…
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Europe’s high‑end luxury goods sector is a €986 billion powerhouse. It employs two million people, accounts for 5% of Europe’s GDP and 11.5% of total exports, and drives 40% of international tourism. But here is the part they do not tell you: much of that value depends on legal protections for things you cannot see…