Labour economics

AGOA limited you in anything you wanted to achieve in life? Question 3: if the AGOA status was brought back in Swaziland, would that help in any way? Question 4: If Swaziland reviewed its Acts and policies, would that help in bringing positive economic change? Question 5 Most of my participants strongly agreed that Textile firms in Swaziland are the ones who suffered severely due to the loss of the AGOA status in Swaziland. This is due to the fact that most of the products which…

businesses, and institutions within the labour force. The piece constitutes its own conclusions about what should be done to improve and make advancements to affairs with migrant workers by describing the failures of current laws and legislations and suggesting solutions. Similarly, Juanita Elias’…

women: Does women participation in the labor force increased work-family conflict? Since the post World War II, a great number of women participate in the labour market has marked a milestone in the women’s history. With a gradual increase in social status, women, nowadays, have a relatively higher education attainment and economic survival ability than they used to be in the past decades. Yet, from a family-sociological perspective, sociologists tend to explore whether working women or…

disadvantaged. Informal labourers do not benefit from laws directed at improving pay and conditions of work, when they still they have weak bargaining power. Nevertheless governments and employers push for further informalisation and flexibilisation of labour (Lerche,…

his goals to help France attain economic, political, and cultural brilliance. He pushed mercantilism on France. Colbert believed in the theory of mercantilism. Mercantilism is an economic policy under which nations sought to increase their wealth and power by obtaining large amounts of gold and silver and by selling more goods than they bought. There are nine characteristic that characterize this way of thinking. The characteristics are bullionism, achieving economic self-sufficiency,…

Question 1 The globalisation process has had significant impact on the overall economic performance of the nation. This is when South Africa re-joined the scene of international economies in the 1990’s during which time globalisation had begun to gain prominence. Its move from a socialist socialist movement to a democratic system in 1994 has been a major key towards its gain in economic performance during the globalisation period. This is as the first democratically elected president, Nelson…

Economies of scale refer to economic efficiencies as an outcome of conducting a process on a mass scale. Scale effects come to picture due to the presence of fixed and variable costs in the production process. In other words, ‘Economies of Scale’ or ‘Increasing Returns to Scale’, is a term used by economists to refer to the situation in which the cost of producing an additional unit of output (i.e., the marginal cost) of a product (i.e. a good or service) declines as the quantum of output (i.e.,…

adian economy and the challenge of minimum wages. The Global Economy is reshaping rapidly.Human resources are being replaced by technology and mechanical resources. However, still human resources are very much important to benefit from the technological and mechanical revolution.This technical and mechanical emergents has though minimized the numerical requirement of human resources yet it has not diminished the importance of the Human resources.The argument of HR being replaced by technology…

company is extremely large, which means their factories are spread all over the world. They are located in various less developing countries, but the main focus will be on Lagos. Lagos suffers from large amounts of poverty, lack of clean water and economic development. Coca Cola has been running there for a while now, and over the past 3-4 years, protests against Coca Cola have occurred, mainly about working conditions and extremely low wages. Workers complained about no time off, continuous…

government is also striving towards building a more adaptable labour market and augmenting the living standards. The healthy political, huge natural resources and its stable government led to phenomenal growth of the Australia economy. One of the main reasons for Nike Inc. to set up their base in Australia is low labor cost. Nowadays, labor issues are very common in the factories of Nike Inc. But increase in living standards, the economic boom and the…