Word: labor
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...solution Park divined was to hitch South Korea's future to an expanding global economy. The country took advantage of its cheap labor to manufacture necessities like shoes and clothes to sell to consumers in the developed world, particularly those in the U.S. The strategy proved to be wonderfully efficient. It drew investment capital into the country, generating factory jobs for impoverished farmers, infrastructure to supercharge commercial development, and otherwise produced wealth South Korea could never have generated on its own. Eager to raise living standards in their own countries, Asian policymakers and businessmen to varying degrees adopted the same...
...LABOR E. Barak...
...University’s decision stemmed from its commitment to adhere to certain codes of conduct with respect to workers’ rights as a member of the Fair Labor Association and the Worker Rights Consoritum, two global workers’ rights groups...
...most questions of law and policy. So when President Barack Obama chose his old friend for a very powerful Washington job, director of the Office of Information and Regulatory Affairs (OIRA), it seemed safe to assume that the appointment would be treated as good news by the environmental, labor and consumer groups that have been in despair for most of the Bush years...
...Tata Motor's strategy was to push further into international markets by attacking the potentially vast, low-budget car market in the developing world. That effort was to be led with innovative models like the Nano. Through numerous innovative manufacturing strategies - and cheap Indian labor - the Nano was supposed to debut last year with a sticker price of about $2,500. Meanwhile, the company was dipping its toes into the luxury segment through the acquisition of struggling...