In Spain, minimum wage-related costs are about a third lower than in Germany. In Greece, production is even more cost-effective - estimated at only 44% of the German level, Bohnert pointed out. Labour pains Bu
There's usually a process to apply for these incentives, so if you're offered any incentive with a new deal, take note of what's necessary to claim it when you sign up and set a reminder so you don't forget before you run out of time. Is it right that people in certa...
Romania has one of the lowest minimum wage amongst other European countries. If these salary trends aren’t promising enough, there are more reasons why you should consider outsourcing to Romania. 3 key reasons to consider outsourcing to Romania Here’s why Romania can be the perfect outsourci...
71% of Americans now approve of unions, which is the highest measure in nearly 60 years. So, there are some massive trends that aren’t going to go away just because there are rumblings of a recession, especially when you think
Directions:In this section, you will hear 8 short conversations and 2 long conversations. At the end of each conversation, one or more questions will be asked about what was said. Both the conversation and the questions will be spoken only once. After each question there will be a pause. ...
a problem if they had been in training or education, but there has also been a rapid rise in the last few years of young people who are inactive and not enrolled in education or training. These are the so-called ‘Neets’. The danger is that they may well never adapt to the routine...
However, most nations also see the value of a central authority that steps in to prevent malpractice, correct injustices, or provide necessary but unprofitable services. Without government intervention, there can be no worker safety rules, consumer protection laws, emergency relief measures, subsidized...
If in Generation 1 we have 10,000 women who all reproduce at a rate of 2.1 per woman, then the next generation will have 10,000 women. If each subsequent generation did the same, then there would always be 10,000 women of reproductive age; a stable population. ...
a quasi-permanent shock.Engler et al. (2014)find that a fiscal devaluation in southern European countries increases GDP by around 1% and improves the trade balance by 0.2% of GDP.Stähler and Thomas (2012)calibrate their model-setting to Spain and simulate a number of policy measures ...
However, in all but the most capital-intensive sectors there is also a traditional segment, one in which modern operational and marketing techniques are scarcely known. These are the bakkals and open bazaars in food retailing, the...