Wage

employment, and (5) the idea that what is needed today is a reconstructed “Post Walrasian macroeconomics” which is derived from Marshallian microfoundations, not Walrasian microfoundations. Leijonhufvud rejects interpretations based on wage rigidity, and he rejects explanations of depression that depend on monopolies, labor unions, and the like. These interpretations of involuntary unemployment imply that “if ‘competition’ could only be restored, ‘automatic forces’ would take care of

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dominated sectors. there is also a cultural reason: in our society people believe that some jobs are made for men and others for women. secondly,there is large pay gap between men and woman.a survey made by the French work department shows that a man wage is twenty seven pourcent higher than a woman one because men are more likely outranked and outearned women. it is also said that there is an irrational and unexplained pay gap : a woman urns ten pourcent less than her male collegues who do the

thrive by ensuring, inter alia, the right balance between work and private life, ensure equal opportunities between men and women, respect diversity etc.. U.S. and European multinationals such as Nike, Levi Strauss, Carrefour and Starbucks must enact wage standards to their suppliers in the Third World and ensure compliance. However, companies can be both profitable and responsible. The environmental footprint is becoming increasingly important and the global economy is weakened by years of successive

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multinational corporations with the benefits they bring. They also increase their income by outsourcing in countries were costs are cheaper, like wages. Feenstra and Hanson (2001) suggest that international trade accounts for at most 30% of the shift in wage inequality. The FDI flows to developing countries should improve income distribution in general. This argument is supported by the empirical results from India (Wang and Ajit, 2007). Foreign investments are increasing the economy of the recipients

economic reform policies have been carried out. For example, the liberalization of domestic banking and of international financial flows, including short term flows, have caused rises in income inequality due to 1 the rapid expansion of the high-wage financial sector and the negative poverty impact of recurrent currency crises. Generally speaking, the risks and costs brought about by globalization can be significant for fragile developing economies and the world’s poor. The downside of globalization

image and above all for the planet. Secondly, the company has to take into account human rights and labor laws. For exemple, fight against child labor (in developing countries), or offert good working conditions to her employees (security, fair wage, correct working hours...). Then, the company must be competent about technologies : invest in new technologies or develop her own technologies in order to improve her competitiveness. Finally, the company has to choose good suppliers (quality ans

chercher (to look for) gagner (to earn) être (to be) Using the verbs from the box below, translate these sentences in to French: 1. I’d like to work in an office _________________________________________________________ 2. I want to earn a good wage _________________________________________________________ 3. I don’t want the minimum wage_______________________________________________________ 4. I don’t want to be unemployed________________________________________________________ 5. I hope to

However, we can say that a friendly Public Takeover Bid can be a real illustration of the ideas of Sun Tzu. Convince the opposition that they lost the battle is the best way of winning. A battle is always very expensive. Naturally, companies do not wage war, but the confrontations are often strong. And to sell his company is not necessarily synonymous to lose. Even in the case of a Public Takeover bid, the principle to use the potential of the opponent in his own profit is applicable, as the judo