Labour economics

The study of development is so often focused primarily on the economic sector of growth or lack thereof. In that, while we frequently discuss notions of power, the labour market, and various economic theorists - it is seldom acknowledged how living in these economic conditions affects the citizens on a human rights level. I am of the opinion that human rights enforcement and economic development need to occur hand-in-hand, to avoid instances of international exploitation and rights infringements…

was one of the defining economic changes that the nation underwent. It altered Russian society to a holistic extent, having a multitude of direct and indirect economic, social, and political ramifications. Industrialisation expedited the dawn of economic, structural change, claimed responsibility for renewing Russia as a global and competitive power, and acted as a powerful catalyst for accelerating social evolution. The progression of Russia in the 19th century – in economic, social, and…

(Legcogovhk, 2015)Such transformation has changed the knowledge and skill requirements of the labour force. Manufacturing workers unable to cope with this change are being displaced. It caused a large amount of labours being unemployed. Moreover, the Basic Law had made the welfare of society so subordinate to business interest. (Goodstadt, 2013)The welfare of society were very hazy and less comprehensive than economic aspect. Although some workers are not being displaced, but the welfare of them…

1) Secular stagnation can be considered as being a period where a market based economy suffers insignificant or no economic growth at all. In this case, the economy is unable to grow which leads to stagnation. However, the main difference between a structural stagnation and secular stagnation is secular stagnation affects the workers in a given country experiencing no economic growth while structural stagnation affects both unemployment in the country and constrained outputs in a global outlook.…

just Libertarians at heart? The first statement is more correct than the second. The essence of liberty is that Individuals are the ultimate minority in society and should be protected, people have rights to themselves and to the benefits of their labour. According to Thesurus.com antonyms of liberty include denial, prohibition, refusal, imprisonment and incarceration. There is a word for when people loose those aforementioned rights and are subjected to those limitations, slavery. So yes…

best choice to be the new STL’s European plant. Starting with an overview of the country’s economic profile, with a focus on the Electronic and Electric industry, the research capacity and the workforce’s skills, the following report will analyse the main reason of the choice: the lowest labour cost. This, in fact, combined with a high level of foreign investment in manufacturing and R&D and a high skilled labour force, in addition to a large number of students involved in technical fields at…

Throughout the nineteenth and twentieth centuries, women and children alike fought for equal rights and pay. Both groups, ironically, worked in the most horrific, unimaginable working conditions known to man. Women like Florence Kelley, would not stand for the horrendous conditions society placed in front of them. However, the fight against detrimental working conditions was a difficult battle to overcome. Kelly's campaign speech united women to fight for themselves and children when battling…

different countries. This process has make changes on many things, like: the environment, culture, economic development, political systems, societal problems… All the things have two sides, globalization also has advantages and disadvantages. Globalization is not a new topic anymore. During the Middle Ages, the Silk Road across Central Asia and connected China and Europe. At that time, the economic…

Within the capitalist organisation of economics, the expansion and growth of regions and respective industries can be attributed to the economic factors of scale, scope and agglomeration. The central aspect of these principles lie from the spatial application of businesses to their surroundings and the adaptions within the internal and external mechanisms (Dixon 2014). Territorial development is not just limited to the spreading of production but the controlled spatial expansion in a frame that…

The economic environment of a business is of great importance as it has a major impact on determining the success or failure of the business. It consists of external factors in a business market and the broader economy that can influence a business. External factors act as an external restraint on business meaning one has less, or no control over these factors. Macro -economic factors are wider factors that affect the whole economy, the business and stakeholders. Examples of Macroeconomic…