GGR111H5 Lecture Notes - Week, Research And Development, Tiger Woods
Document Summary
Freedom of investment out sourcing of jobs indirect and direct investment. Countries should open their markets dismantle trade/investment barriers. Race to the bottom in order for cooperation to be profitable they need cheaper labor and they have to keep searching for cheaper labor and if you cannot keep the cost of labor down investment will go elsewhere. Cut and run - this is about exploitation of labor. Living wages - 30 to 40 thousand dollars a year in canada but in third world countries will be lower. No protection ( no unionization) & no benefits ( health and vacation) Sell to customer for . 00+ (depends of how we consume and sell) Advertising budget: ~ million 1st 9 months 2010. Tiger woods: million/year contrasting the reality of the ppl who are actually doing the work. Your thinking about exploitation, your only thinking about your self.
