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Shvoong Home>Social Sciences>Economics>Ethan Kapstein's "Worker in the World Economy" Summary

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Ethan Kapstein's "Worker in the World Economy"

Book Summary by: AcaDemon    


This paper explains that Mr. Ethan Kapstein's treatise on the "Worker in the World Economy" offers many effulgent observations
but fails to validate universal resolution of the global worker's plight. The author points out that Kapstein suggests that economic policies and programs supported by international policy coordination do not take into account the complexity of individual infrastructure, social priorities or, in many countries, the political dogma workers sustain in earning a living. The paper relates that, in a fully employed economy, the unemployment rate will not equal zero; in this case, unemployment is classified as either frictional or structural unemployment. Table of Contents Easing Pressure on the Losers Economies Vary for Different Reasons Technology in the Workplace Competitiveness Is Healthy "Hanging Together" or Hanging Ourselves?
Published: November 12, 2006
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