Word: laboral
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Dates: during 2000-2009
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...economists contend that Indonesia's performance could match that of India and China if Yudhoyono presses reforms further. The most damaging, and most politically sensitive, issue dampening investment is the nation's oppressive labor law. Passed in 2003, it requires companies to get government approval to lay off staff and mandates heavy severance payments. The stipulations were a misguided attempt to protect local workers that instead has made Indonesia uncompetitive in the kinds of labor-intensive industries - like textiles and footwear manufacturing - that could help reduce the country's lofty unemployment rate, currently at about 8.5%. Political analysts complain that...
...reconcile conflicting laws. "We have to make regional governments aware that their regulations must comply with the higher regulations," says Purnomo, the mineral-resources minister. Indonesia also has to further liberalize its economy to encourage greater investment from both foreign and local enterprises, by, for example, loosening up the labor market and lifting remaining restrictions on foreign investment in certain sectors, such as transport and telecom...
...that the world is moving faster." Real progress can come only if there is a national consensus to make economic development a priority. And in the country's fractious political environment, not everyone is willing to take the politically uncomfortable steps to achieve high growth, such as scaling back labor rights and encouraging foreign investment...
...bulk of the voters will be in the 18 battleground states, including Ohio, Pennsylvania, Virginia, Florida, Michigan, Wisconsin, Colorado and New Mexico (though drives have been mounted in all 50 states). Green is also happy to share the news that they registered more than 100,000 people over Labor Day weekend, capitalizing on the wave of excitement coming out of the convention in Denver...
...surprisingly, the Obama campaign takes issue with that assessment. Over Labor Day weekend, while waiting for Obama to finish an event, David Axelrod, the nominee's top strategist, noted that their strategy is broader than McCain's and therefore requires a lot more leg work, but that it has more of a potential payoff. "We're going into Nov. 4 with many different scenarios to get to 270 electoral votes," he says, squinting at airplanes buzzing overhead, part of Cleveland's annual air show. "I think their path is very, very narrow, as is their thinking...