(Download) "An Emerging Global Market: Trends, Consequences, And Challenges (Features)" by Harvard International Review # Book PDF Kindle ePub Free
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eBook details
- Title: An Emerging Global Market: Trends, Consequences, And Challenges (Features)
- Author : Harvard International Review
- Release Date : January 22, 2011
- Genre: Business & Personal Finance,Books,
- Pages : * pages
- Size : 195 KB
Description
The early 1990s saw the beginnings of a global labor market. Today, in 2011, the elements are all in place. Yet as a labor market, it is not very open and not very global. It is a mix of markets, government programs that allow firms to hire foreign workers, and intermediaries such as global manpower firms and other employment placement services. Elementary as this global labor market is, its further development would seem dubious given the current economic recession, stronger government intervention in economies, growing sentiment against low-wage immigrant workers and foreign professionals, and more paperwork everywhere. And yet there are a number of trends that suggest we are entering a new era in which firms both need and benefit from a global labor market. The advantages for the workers themselves and for the larger economy of a city or a country are a separate matter. Finally, from the perspective of governments, or certain agencies within governments, transnational flows of professionals are often seen as a brain drain--although a focus on global remittance flows shows that the top ten recipient countries include five highly developed countries, such as the United States and the United Kingdom. [ILLUSTRATION OMITTED]
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