Labour Economics And Public Policy: Managing The Labour Markets For Competitiveness
Labour Economics And Public Policy: Managing The Labour Markets For Competitiveness

Author: Soon Beng Chew

Publisher: World Scientific

Published: 2017-03-17

Total Pages: 276

ISBN-13: 9813202246

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This book serves as a textbook on labour economics and public policy in labour markets.It also shows how Singapore has been successful in establishing a world class labour market. One attribute of such a labour market is the high purchasing power of wages for the average worker for essentials such as housing, healthcare, quality education for children and retirement consumption, which motivates Singaporeans to work hard. The second attribute is a macro-focused labour union that works closely with the government, and is able to prevent excessive wage increase.

The Race To The Bottom
The Race To The Bottom

Author: Alan Tonelson

Publisher: Basic Books

Published: 2009-04-29

Total Pages: 281

ISBN-13: 078673079X

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With the end of the 1990s economic boom, The Race to the Bottom deftly explores how the United States has entered a no-win global competition in which the countries with the lowest wages, weakest workplace safety laws, and toughest repression of unions win investment from the U.S. and Europe. Tonelson analyzes how the entry of such population giants as China, India, and Mexico into the global market has accelerated the erosion of wages and labor standards around the world. And he describes how an ever-larger share of this low-wage competition is hitting not just sectors like apparel and toys, but also many of America's highest wage industries like aerospace and software. Tonelson explains why the re-education and retraining programs touted by many political leaders offer little but false hopes to most U.S. workers as he outlines the real decisions Washington needs to make to ensure long-term prosperity for the U.S. and the rest of the world. Updated with a new prologue from the author.

Dynamism, Rivalry, and the Surplus Economy
Dynamism, Rivalry, and the Surplus Economy

Author: János Kornai

Publisher: Oxford University Press, USA

Published: 2014

Total Pages: 206

ISBN-13: 0199334765

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In this book, János Kornai examines capitalism as an economic system and in comparison to socialism. The two essays of this book will explore these differing ideologies on macro and micro levels, ending with definitive explanations of how the systems work and how they develop.