International Labor Economics Programme Title Term Paper

Structural reforms within the export sector involve the introduction of multinationals to supplement efforts of inward investment or revolution. The rate of impact differs in attempts to alleviate unemployment incidences (OECD 2011, pg 91-131). This is because multinationals proves to deliver an increase in the levels of output while inward organizations and entities still struggle to emerge from the effects of the economic recession. In order to reduce the levels of unemployment in the republic of Ireland, it is critical to adopt the three-pillar strategy to address the persistent problem in relation to the Irish labour market. Within the three pillars, the first motive should be welfare reforms. This should ensure that workers obtain better payment for their skills and services within the economy. The second aspect of the pillar should focus on better activation policies. This would allow for easier movement or transfer of labour across sectors in the Irish economy. The third aspect is the sustained restraint in salaries and other business or company related costs. This is to enhance the level of international competitiveness of the country. The three-pillar strategy would reduce the increase in the level of unemployment hence addressing the shortcomings of radical change to export sector. This would enhance confidence in the Irish labour market thus creation of employment opportunities to serve in those positions (Perry 2008, pg 1-27). The republic of Ireland also promotes internal investment and peace programs. Internal investments act towards the creation of employment opportunities to the high population of idle workforce (unemployed persons). The main aim of peaceful programs is to create the economic environment that is friendly for development and growth of the labour market. This approach or policy would offer employment opportunities because of the rapid increase in the number of business opportunities. This represents a significant strategy to revive the economy from the financial crisis or economic recession.

The republic of Ireland also adopts the price and fiscal policies to address the effects and incidences of unemployment in the labour economy. This represents governmental tactics and policies aiming to reduce govern public spending and controlling inflation and unemployment. This approach...

...

Through public policies (price and fiscal policies), the government can increase the number of employment opportunities thus contribute significantly towards reduction of unemployment rates. These policies would be able to serve the Irish labour market in the long-term scenario under effective and efficient implementation (OECD 2011, pg 91-131)

Sources Used in Documents:

References

Perry, LJ 2008, 'A Comparison of Labour Market Reforms in Ireland, New Zealand and Australia', Journal of Economic and Social Policy, 12, 2, pp. 1-27, EconLit with Full Text,

EBSCOhost, viewed 2 July 2012.

'Structural reforms to reduce unemployment and restore competitiveness' 2011, OECD

Economic Surveys: Ireland, 2011, 15, pp. 91-131, Business Source Complete,
available at: http://cep.lse.ac.uk/pubs/download/dp0844.pdf
http://www.imf.org/external/country/index.htm
http://www.oecd.org/countrieslist/0,3351,en_33873108_33844430_1_1_1_1_1,00.html
Statistics on EU countries. Retrieved from, http://epp.eurostat.ec.europa.eu/portal/page/portal/eurostat/home/
Population growth of Ireland. Retrieved from, http://www.statusireland.com/statistics/recentlychanged/12/Population-Growth-of-Ireland.html
GDP growth rate of Ireland. Retrieved from, http://www.tradingeconomics.com/ireland/gdp-growth
Inflation rates of Ireland. Retrieved from, http://www.tradingeconomics.com/ireland/inflation-cpi
Unemployment Rates. Retrieved from, http://www.poverty.org.uk/i35/index.shtml


Cite this Document:

"International Labor Economics Programme Title" (2012, July 02) Retrieved April 18, 2024, from
https://www.paperdue.com/essay/international-labor-economics-programme-66564

"International Labor Economics Programme Title" 02 July 2012. Web.18 April. 2024. <
https://www.paperdue.com/essay/international-labor-economics-programme-66564>

"International Labor Economics Programme Title", 02 July 2012, Accessed.18 April. 2024,
https://www.paperdue.com/essay/international-labor-economics-programme-66564

Related Documents

International Networking and the Outcomes of Global Networking The purpose of the research proposed is to examine international business economics and specifically the impact that global networking has had upon organizations and corporations that are global providers of products and/or services. Research questions in this proposed study include those which ask as the questions of: (1) What is the impact of global networking on international business economics both in the U.S.

During that time he was director of labour market policies, coordinated technical work in eastern Europe following the collapse of the Berlin wall and was director of the ILO's Socio-Economic Security Program. In 1998-99, he served as a member of the transition team of the new Director General Juan Somavia. It would be fair to say that he knows the ILO inside out. Now Professor of Economic Security at

(Suarez-Orozco & Qin-Hilliard, 2004, p. 62) Nonetheless, even promoting universal primary education can interfere with the profit-making motives of multinationals and global finance. Achieving universal primary education is a double-edged sword. Though highly conducive to future economic development in low-income nations, it is an extremely expensive proposition for the wealthier nations. The World Bank itself revealed in 2002 that the achievement of the Millennium Development Goals of halving poverty

Goodyear which effectively denied employees the right to sue for wage discrimination after the passing of 180 days that "Justice Ruth Bader Ginsberg was so incensed she read her scathing dissent aloud from the bench. She defended Lilly Ledbetter's right to sue her employer, Goodyear Tire & Rubber Co., Inc. For pay discrimination on the basis of sex, giving a not-so-gentle reminder of the realities of the American workplace."

185). Components for these products may be manufactured and put together in branches in various countries throughout the world. Thailand, Malaysia, Singapore, and Hong Kong were involved in the earliest types of production sharing, which included assembling electronic components manufactured in other countries. Production sharing, one World Bank study determined, currently contributes to approximately 30% of manufacturers' total global trade. Foreign affiliates' international exports approach over 7% of global

Economic inequality occurs when there is a gap in the economic well beings of a group of individuals in a given country. In the Arab world, the economic inequality is one of the major factors that leads to the political violence because a discontent generated from a gap has been the major determinant of violent behavior. Typically, income inequality has a strong correlation with mass violence, and the higher the