Issues Associated With Interdependance Flashcards
1
Q
Positive effects of labour movement?
A
Reduced unemployment
Reduces geographical inequality
Address skill and labour shortages
Skilled workers return to country of origin
2
Q
Negative effects of labour movement?
A
Countries find it difficult to retain best talent
Loss of skilled workers
Outsourcing
Disease pandemics
3
Q
Outsourcing - loss of jobs?
A
Less spending in local economy, loss of jobs and services shut down - demultiplier effect
4
Q
Outsourcing - deindustrialisation?
A
Closure of manufacturing companies due to outsourcing leads to closure of local suppliers - decline
5
Q
Outsourcing - structural unemployment?
A
Workers often ill-equipped for new types of work in their economy