Unlike Australia, Singapore functions independently from the agriculture, forestry and fishing sector, in fact only 0.1% of its labour force is agriculturally based. ... As of 2013, the labour force participation rate rose to a new high in Singapore. Females and older residents joined the labour force, raising labour force participation rate for the second consecutive year to a new high of 66.7% as shown in Figure 5 below. The rate of females' participation in the labour force rose significantly over the decade from 50.9% in 2003 to 58.1% in 2013 while the labour force participation rate ...
Nowadays globalisation is on everyone's lips. By measuring the historical intensity of international economic links, the World Bank has identified that between the two World Wars and through the Great Depression the global poverty rose strongly and inequality widened. It seems due to colonialism and...
Human trafficking is "all acts involved in the recruitment, abduction, transport, harboring, transfer, sale or receipt of persons, within national or across international borders, through force, coercion, fraud or deception."...
Forcing states to reduce investment in basic provision Non-western states have been told to reduce intervention in their economy, as this would allow the emergence of a free market economy and in addition release funds that would allow the servicing of debt. ...
Comparative Economic Systems It would be extremely easy to state that economics is an area of study that seeks efficient use of scarce resources to satisfy unlimited wants and that economic systems simply refer to the outcomes of economic activities, which are influenced by social, natural and political settings. However, it is clear that economics goes far beyond utilizing resources or levels of development and by comparing different economic systems one can analyze their importance and influence on other sectors of society. Apart from affecting other sectors, an economic system is also ...
benefits and threats of globalisation Introduction There are processes in the international order--driven by revolutions in communication and information technology--that exhibit seemingly inexorable globalising tendencies while, at the same time, there are a range of actions, adopted by states and non state actors alike, that attempt to resist these often ill defined phenomena captured by the all embracing notion of 'globalisation'. For example, the long term tendency towards freer trade, electronic commerce and the seemingly uncontrollable power of deregulated capital markets do...