Which is best for the economy: employment stability or employment flexibility? A recent article in the ILO’s International Labour Review analyzes the relationship between employment stability and productivity in six major sectors in 13 European countries. According to the authors‚ both‚ extensive and short job tenure can produce adverse affects on productivity. They propose a policy of ’protected mobility’ on the labour market‚ together with active labour market policies seeking to combine both
Premium Employment Labour economics
Who’s Crazy Here‚ Anyway? David Rosenhan The study has been carried out because David Rosenhan wants to validate psychiatric diagnosis. Rosenhan wanted to see if psychologists needed these tests‚ shouldn’t they be able to tell who is insane and who isn’t. Is diagnosis tied to patient or situation? He proposed to find it by admitting "pseudopatients" to psychiatric facilities and see if they are found to be normal. If they are not‚ means that the diagnoses are tied more to the situation than the
Premium Mental disorder Psychiatry Schizophrenia
An economy or economic system consists of the production‚ distribution or trade‚ and consumption of limited goods and services by different agents in a given geographical location. The economic agents can be individuals‚ businesses‚ organizations‚ or governments. Transactions occur when two parties agree to the value or price of the transacted good or service‚ commonly expressed in a certain currency. In the past‚ economic activity was theorized to be bounded by natural resources‚ labor‚ and capital
Premium Supply and demand Economy Economics
SOCIO-ECONOMIC PROBLEMS OF PAKISTAN Outline: •Introduction Pakistan is a resource rich country but due to incompetent politicians‚ strong generals‚ weak judiciary‚ conservative Ulemas and controlled media‚ it is facing socio-economic‚ political and religious challenges. • Problems Faced By Pakistan At The Time Of Inception From its very inception‚ Pakistan faced a large number of problems. Some of the initial difficulties were 1. Choice of Capital and Establishment of Government
Premium Pakistan Poverty Inflation
The economic “market revolution” and the religious “Second Great Awakening” shaped American society after 1815. Both of these developments affected women significantly‚ and contributed to their changing status both inside and outside the home. Throughout time‚ women’s roles and opportunities in the family‚ workplace‚ and society have greatly evolved. Women’s role in the family before 1815 was based around the idea of Republican Motherhood. Republican Motherhood is the idea that children should be
Premium Woman Women's suffrage Gender role
February 2013 Rise of BRICS Economy and its Impact on Global Stock Markets Naganathan Venkatesh Research Scholar‚ NITTTR‚ Chennai‚ India Abstract The world is changing and becoming increasingly multipolar due to the emergence of China‚ India‚ Russia‚ Brazil and South Africa forming so called BRICS. The global influence of America is fading out due to the recent decline in their stock market and the emergence of other markets. The framework of the global economy has changed dramatically due
Premium Stock market Emerging markets
This paper investigates the economy structure‚ the situation and structure of the energy market and the national energy strategy of Slovenia‚ the impact and effects of the current ETS and of the new ETS proposal on Slovenia and Slovenia ’s position and priorities concerning the Commission proposal 1. Economy situation Slovenia‚ with its small transition economy and population of approximately two million‚ is a model of economic success and stability for its neighbors in the former Yugoslavia
Premium Renewable energy Energy development Peak oil
Planned Economy: "The social good" In a planned economy‚ the factors of production are owned and managed by the government. Thus the Government decides what to produce‚ how much to produce and for whom to produce. Features: • All resources are owned and managed by the government • No consumer OR producer choice • The market forces can’t set the price for goods or services • Profit is not the main objective‚ the government aims to provide services and goods to everybody • Government decides
Premium Market economy Mixed economy Capitalism
A free market system is the best way to organize the economy. capitalism‚ economic system based on private ownership of the means of production‚ in which personal profit can be acquired through investment of capital and employment of labor. Capitalism is grounded in the concept of free enterprise‚ which argues that government intervention in the economy should be restricted and that a free market‚ based on supply and demand‚ will ultimately maximize consumer welfare. These principles were most notably
Premium Capitalism
Reader –Response Criticism “What’s That Smell in the Kitchen?” Marge Piercy’s poem “What’s That Smell in the Kitchen” is about the women’s rights movement of the seventies and the quiet rage an older women might feel towards her husband‚ her place in life and the movement in general. The poem begins unifying women across America and ends with a blatant declaration of war‚ using clever wording relating a woman’s life to the kitchen and the food she prepares. At the beginning of the poem
Premium Woman Meal Women's rights