Macroeconomics: Labor Market
Global Labor Market (9/5/2005)
Labor is increasingly globally sourced due to aging populations and lagging labor productivity in developed countries.
Labor is increasingly globally sourced due to aging populations and lagging labor productivity in developed countries.
Healthcare Tourism (3/7/2007)
Lower-pay certified doctors, duly accredited facilities, and 5-star facilities have contributed to the comparative advantage of overseas hospitals in non-emergency big-budget surgeries for international patients.
Lower-pay certified doctors, duly accredited facilities, and 5-star facilities have contributed to the comparative advantage of overseas hospitals in non-emergency big-budget surgeries for international patients.
Moving Up by Staying Put (8/30/2001)
American companies are increasingly outsourcing back-office and software design work to highly skilled but lower-cost English-speaking foreign workers.
American companies are increasingly outsourcing back-office and software design work to highly skilled but lower-cost English-speaking foreign workers.
Niche Specialization (1/30/2007)
Niche comparative advantage in location proximity and fast response time could overcome the disadvantage of high wages in the garment industry.
Niche comparative advantage in location proximity and fast response time could overcome the disadvantage of high wages in the garment industry.