Word: employmentâ
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Prosperity has come less sweepingly to the main cities. A few individuals have managed to form their own lucrative businesses (see box). But Chinese industries, thanks to their system of guaranteed payment and employment???the absence, in effect, of incentives?remain largely paralyzed by their traditions of featherbedding and low productivity. One possible solution is represented by the four coastal enclaves, including Shenzhen, that the government has designated as "special economic zones." These areas, set up to be thoroughfares for the free passage of foreign investment and ideas, have flourished so vigorously that the government plans to create 14 more...
...Congressman George Hansen, an Idaho Republican. OSHA was set up to protect 50 million workers from safety hazards in their 4 million places of work. People who are self-employed are excluded from OSHA's scrutiny; so are farmers with ten or fewer workers. Safety in some kinds of employment???mining, railways, airlines, highways, atomic energy?is regulated by other federal agencies. An estimated 4,500 workers died in 1976 from accidents or disease related to their jobs (down from 5,200 in 1975). But OSHA has overreacted by jamming every conceivable danger, however remote, into a 7-ft.-thick...
...modernization. On the other hand, overly generous tax cuts, a niggardly attitude toward investment and a government cave-in to union wage demands could accelerate inflation again and continue industrial stagnation. North Sea oil does give Britain the chance to start the long climb to price stability and high employment???but it would be all too easy for the nation to blow that chance...
...still hugely productive and has an enormous potential for employment???21,741 different jobs...
...Acceleration of public works to provide employment???for five years the election cry of Conservatives and Liberals...
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