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.
Q. What is External Diseconomies? The expansion of an industry is likely to generate external diseconomies that raise the cost of production. An increase in the size of industr
In the national income analysis, investment refers to the value of than part of the aggregate output for any given time period which takes the form of construction of new structure
Inelastic Supply Supply is said to be price inelastic if changes in price bring about changes in quantity supplied in less proportion. Thus, when price increases quantity sup
Techniques of Managerial Economics Managerial economics draws on a wide range of economic tools, concepts and techniques in decision-making process. These concepts can be cons
The production function of a small shop that frames pictures is Q = 5 √ LK where Q is the number of pictures framed per day, L is labor hours and K is the machine hours.
Explain the concept of externality in economics? Give one example of a positive and a negative externality in Australia.
Define Williamson''s Model of Managerial Discretion practice?
What is the Permanent Income Hypothesis? What is the theory's potential relevance for assessing the effects of temporary tax cuts for the purpose of fiscal stimulus? If you were
examples
Contributions of economic theory to business economics According to Baumol, there are 3 key contributions of economic theory to business economics. 1. Practice of building
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: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd