protection to domestic import-competing industries; a tariff or a quota. The choice between one or the other is likely to depend on several different concerns. One concern is the revenue effects. A tariff has an immediate advantage for governments in that it will automatically generate tariff revenue (assuming the tariff is not prohibitive). Quotas may or may not generate revenue depending on how the quota is administered. If a quota is administered by selling quota tickets (i.e.‚ import rights) then
Premium International trade Tariff Free trade
* The Role of Trade Union Trade unions are unique organisations whose role is variously interpreted and understood by different interest groups in the society. Traditionally trade unions role has been to protect jobs and real earnings‚ secure better conditions of work and life and fight against exploitation and arbitrariness to ensure fairness and equity in employment contexts. In the wake of a long history of union movement and accumulated benefits under collective agreements‚ a plethora of
Premium Trade union
employer and the employee are obvious parties. The state‚ in ensuring a level playing field for both sides‚ provides the legal framework within which such relations may take place". In industrial relations‚ workers are generally represented by their trade
Premium Trade union
it reminds of a country with many natural beauties‚ but on the other side when it comes to employment and wages hardly anyone wants to talk on the subject‚ actually all you can hear is regrets. And when it comes to wages‚ our neighborhood countries are way much better ranked. But here‚ in Macedonia everyone uses the well-known sentence "we are working for no money". Standards in Macedonia are lower in contrast to other major countries. But that is enough reason for the low level of employment
Premium Wage Minimum wage
Suggestions for answering the questions 1. What are the trends in the mobile handset industry? What is Nokia’s strategy and how has globalisation changed its way of operation? Where is the market for mobile handsets? In the developed markets? In the emerging economies? What is the nature of demand in these markets? What kinds of handsets do people want? What are the costs of manufacturing? How can these costs be reduced? Has globalisation shifted economic activity between and within regions
Free Developed country Developing country Emerging markets
Since the Industrial Revolution‚ unions have been credited with creating improvements in working conditions‚ improving wages‚ and providing security in the workforce. Most unions were developed in manufacturing and resource companies such as companies operating in steel mills‚ textile factories and mines. Eventually‚ however‚ unions began to expand into other industries. Today‚ most unions are found in transportation‚ utilities and government. Unions grew rapidly from the 1930’s to 1950’s‚ however it
Premium Working class Trade union Employment
Many developed countries are paying increasing attention to the needs of the disadvantaged. How far is this true in Singapore? * In May 2011‚ Prime Minister Mr Lee realized the government’s need to "lend a hand to those hurt by globalisation and technological changes that have‚ among other things‚ widened the gap between the rich and the poor" * The government is not only focusing on monetary assistance programmes‚ but also a sense of reassurance‚ concern and empathy. * Government also
Premium Sociology Demography Total fertility rate
A trade union (British English—amalgamation is also used)‚ labour union (Canadian English) or labor union (American English) is an organization of workers who have banded together to achieve common goals such as protecting the integrity of its trade‚ achieving higher pay‚ increasing the number of employees an employer hires‚ and better working conditions. The trade union‚ through its leadership‚ bargains with the employer on behalf of union members (rank and file members) and negotiates labour contracts (collective
Premium Trade union Employment Collective bargaining
TRADE UNIONS FREDRICK BANDA INTRODUCTION This chapter examines democracy from another angle that is the way democracy is rooted in the collective action of citizens outside of the formal institutions of democratic government. The trade union movement in Malawi dates as far back as the end of the Second World War. It has undergone a process of growth‚ decline and growth again over the past seven decades or so. To understand how trade unionism has developed in any country‚ we need to consider
Premium Trade union
that China is a developed country‚ with a rising GDP and poverty levels decreasing‚ it looks like China could finally be developed. On the other hand‚ the poor in China are extremely low with people living in rural areas have to live of 30 cents a day. So with this large gap between the rich and the poor is it really a developed country? Economically it would look like China was a developed. Since the global finance crisis it has looked very strong compared to other countries. Last year it had
Premium Human Development Index Developed country City