Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Effectiveness of Trade Unions in Developing Countries
Trade Unions in developing countries tend to be less effective in their wage negotiations with employers than their counterparts in developed countries. This can be attributed to the following factors:
i. Incomes in developing countries are lower than in developed countries. Consequently, the contributions of workers to trade unions are less and the trade unions are therefore in financially weaker position to support the members while on strike.
ii. As incomes in developing countries are lower, so are savings, and hence workers cannot support themselves for long periods while on strike.
iii. In developing countries, there are no unemployment state benefits on which workers can depend if they are sacked for trade union activities.
iv. There is more Government interference in industrial disputes in developing countries than in developed countries. This is partly because the developing countries the political structures are not strong and governments fear that too much trade union agitation may have negative political effects.
v. Labour in developing countries is mostly unskilled and semi-skilled labour and is in abundant supply. Hence striking workers can easily be replaced. For this reason trade unions in developing countries are less able to persuade their members to go on strike for long periods than their counterparts in developed countries.
State the difficulties in the measurement of profit.
Calculate point elasticity of demand for demand function Q=10-2p for decrease in price from Rs 3 to Rs 2.
TYPES OF BUDGETS 1. Deficit budget If the proposed expenditure is greater than the planned revenue from taxation and miscellaneous receipts, this is a budget defic
Objective of Fiscal Policy As an instrument of macroeconomic policy, the goals of fiscal policy are likely to be different in different countries and in the same country in dif
To what extent has the IMF achieved its objectives? The objective of achieving full convertibility of currencies has not been achieved. In the first place countries impose re
Industry Paper: As a partial requirement for this course, you will have to submit a paper on an Industry of your choice. This is a highly structured paper, which consists of: 1.
Let Consider an economy with three states. The following set of stocks is traded: x 1 =(2,2,0) x 2 =(1,0,3) x 3 =(0,2,4). The t=0 prices of these stocks are give
Disadvantages of Mixed Economy Large monopolies can still exist in the private sector, and so competition does not really take place There is likely to be a lot of bureaucr
The acme paper company lowers its price of envelopes (1000 count) from $6to $5.40.
Another vital relationship that is often referred to in economic analysis is the relationship between consumption expenditure andprice elasticity. From the law of demand, we know t
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd