...Bretton Woods System and world trade in post-war period Introduction This reading report is based on two technical papers( The Bretton Woods international monetary system: An historical overview by Michael D. Bordo 148 pages & The post-war rise of world trade: Does the Bretton Woods System deserve credit? By Andrew G. Terborgh 74 pages)on Bretton Wood System as well as the post war international trade system since the U.S has become the most powerful economy after World War II, that US dollar was at that time the dominant currency internationally speaking. The first paper is titled of “The Bretton Woods International Monetary System: An historical overview” by professor Michael D. Bordo who is an economic professor and Director of the center for Monetary and Financial History at Rutger University. His paper has a brief overview of Bretton Woods experience. From its emergence and how it evolved that influence the monetary convertibility and gold dollar standard, until its collapse due to the U.S depression in 1970s. I considered this article to be a very technical one that gives many details on Bretton Wood System in history, but the very interesting part could also be that the author has given the ideas that why Bretton Woods was very stable but lived so short. Meanwhile, the second paper I chose to read is “The Post-War Rise of World Trade: Does the Bretton Wood System Deserve Credit?” . This one is more of an analyzing paper written by Andrew G. Terborgh, economic professor...
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...toilets are. New employees also need to understand the organisation's mission, goals, values and philosophy; personnel practices, health and safety rules, and of course the job they're required to do, with clear methods, timescales and expectations. Induction Checklist: * Essential 'visitor level' safety and emergency procedures * Washrooms * Food and drink * Smoking areas and policy * Timings and induction training overview * Organisational history and background overview * Ethics and philosophy * Mission statement(s) * Organisation overview and structure * Local structure if applicable * Departmental structure and interfaces * Who's who (names, roles, responsibilities) * Site layout * Other sites and locations * Dress codes * Basic communications overview * Facilities and amenities * Pay * Absenteeism and lateness * Holidays * Sickness * Health insurance * Pension * Trades Unions * Rights and legal issues * Personnel systems and records overview * Access to personal data * Time and attendance system * Security * Transport and parking * Grievance procedures * Discipline proceduresdd * Career paths * Training and development * Learning Styles Self-Assessment * Multiple Intelligences Self-Assessment * Appraisals * Mentoring * Awards and Incentives * Health and Safety, and hazard reporting * Physical examinations, eye test...
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...Optional Unit - 3MER = 6 credits - 2000 words On final submission please enter your total word count (excluding bibliography): [pic] Learning Outcome 1: Understand the impact of employment law at the start of the employment relationship. |Assessment Criteria | |Describe the internal and external factors that impact on the employment relationship. | |Indicative Content | |Context: | |the context within which the employment relationship operates, the impact of internal and external factors. | |Think about your own organisation and consider the internal and external factors that may have an impact on the employment relationship | |Describe at least 2 external factors and explain why they have an impact | |Describe at least 2 internal factors and explain why they have an impact | | ...
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...[Top] [Next] Table of Contents 1. Executive Summary 2. Introduction 3. Industrial Relations (IR) in the Global Context (a) IR - a definition (b) IR and HRM (c) Liberalization, globalization and IR (i) Overview (ii) The relevance of globalization to industrial relations - a summary (iii) The role of multinational corporations (MNC's) (iv) Information technology and IR (v) The impact of other trends (d) The changing nature of IR - a re-definition? 4. IR in Asia and the Pacific (a) The historical context (i) General (ii) Economic development and industrialization (iii) Industrialization and IR policies (iv) IR arrangements - regional divergence (v) Other considerations (b) The current environment (i) Overview 2 (ii) Current responses to liberalization and globalization (iii) Important regional trends 5. Responding to Current and Prospective IR challenges in Asia and the Pacific developing an agenda for employers and their organizations to facilitate transition to the Twenty-first century (a) Overview (b) General issues (i) Achieving competitiveness (ii) Effective IR is a key to improved enterprise performance (iii) The importance of diffusion (c) Specific issues (i) The employers' response (ii) The roles of employers' organizations (iii) The roles of government and trade unions 6. Conclusion References [Top] [Contents] [Previous] [Next] 1 Executive Summary To understand the range of industrial relations (IR) challenges that employers and their organizations are likely to face...
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... | | |Course: SNHU2010 | |Unit Code: |Unit Title: | |Eco 322 |International Economics | |Assignment Title: | |Application of theory to study of trade | |Name of Lecturer: |Place of Lectures: | |Nguyen Thanh Tung | | |Date Submitted: |Student Email Address: | | |katynguyenrus@gmail.com | ...
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...HRM 703 Week 1 Overview: Upon completion of this week, you will be able to: 1. Discuss the employment relationship between workers and the company. 2. Discuss how employers can exist without unions but unions cannot exist without employers. 3. Identify reasons why workers unionize. 4. Discuss why unionization is declining in the United States. 5. Analyze the difference between the public sector labor relations and private business. Introduction to this week's topics: Labor relations is the set of processes and activities unions and employers develop and use to clarify, manage, reduce, and resolve conflicts between employees and their representatives while accommodating the various goals of each. The practice of labor relations is governed by contracts negotiated by and agreed to by both parties. Contracts are renegotiated periodically to take into account changing goals and objectives of both parties and changes in the economy and society. Within larger employers that operate several establishments, labor relations will differ depending on what is produced in each establishment and whether different unions represent employees in different establishments. Employers would like complete freedom to alter the terms and conditions of employment in their workplaces, as necessary, to maximize returns on investments and achieve organizational goals. While labor is somewhat mobile, with workers able to move between employers as opportunities occur,...
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...The Principals' Partnership http://www.principalspartnership.com/ Sponsored by Union Pacific Foundation Research Brief Brain-based Learning Question: What does brain-based research say about how adolescents learn? Summary of Findings: The 1990s was declared as the Decade of the Brain by President Bush and Congress. With the advancement of MRIs (Magnetic Resonance Imagining) and PET (positron emission tomography) scans, it has become much easier to study live healthy brains. As a result, the concept of "brain-based learning" and how to utilize it to meet the needs of students, has become an integral part of the current research and literature. The researchers caution when incorporating new information into the classroom, to use good sense about implementing what is known about good instructional practices. Major Conclusions: Basic Brain Information: The adolescent brain: • is a parallel processor-it talks to and communicates with both hemispheres • is pattern seeking-it looks for prior knowledge to which to connect new information • is naturally curious, looks for novelty and will embrace meaningful and complex investigations • is unique and thrives when given choices • takes in information in the immediate and peripheral environment • learns from an emotional base • learns when it feels physically and emotionally safe • learns information from whole-to part-to whole • learns best from a stimulating, however, not an over stimulating, environment, which is optimal for more...
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...Key Term due to relevance of the Euro and the European Central Bank in my previous work and current work experiences. I was previously employed with the Federal Reserve Bank, which is the main decision maker for all U.S. currency, and monetary policies. In my current position, the company I work for is headquarter overseas, and has offices located in countries that are members of the European Central Bank. I think researching the European Central Bank, will be very useful to have a more thorough understanding of currency and business practices in within the European Union. In addition, gaining the knowledge of what requirements are needed to join the European Central Bank, and the monetary policies these countries must abide by in order to maintain membership will be insightful towards my GBCA paper, since my country is member of the European Central Bank and European Union. EXPLANATION OF EUROPEAN CENTRAL BANK The European Central Bank is the central bank for nineteen European Union members. The central bank is responsible for all monetary policies within the European Union, and sets interest rates across the nineteen participating members. Any nation that chooses to join the European Union much adopt the Euro as their currency except for the member states which have been exempted under the Maastricht Treaty (Great Britain & Denmark). Prior to membership into the Euro Zone, European Union member countries must adhere to and satisfy very strict economic convergence criteria...
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... Chapter 2: An Overview of the Financial System 1. Function of Financial Markets and Financial Intermediaries 2. Structure of Financial Markets Debt and Equity Markets Primary and Secondary Markets Exchanges and Over-the-Counter Markets Money and Capital Markets 3. Financial Instruments Money Market Instruments Capital Market Instruments 4. Role of Financial Intermediaries Transaction Costs and Economies of Scale Risk Sharing and Diversification Adverse Selection and Moral Hazard 5. Types of Financial Intermediaries Depository Institutions (Banks) Contractual Savings Institutions Investment Intermediaries This chapter provides an overview of the financial system in the US economy by describing the various types of financial markets, financial instruments, and financial institutions or intermediaries that exist. 1 The chapter begins with a general statement that clarifies what function financial markets and financial intermediaries have in the economy as a whole. It then deals more specifically with: The structure of financial markets and the ways in which different types of financial markets can be distinguished. Here, it discusses debt versus equity markets, primary versus secondary markets, exchanges versus over-the-counter markets, and money versus capital markets. The various types of financial instruments, including both money market instruments and capital market instruments. The special role played by financial intermediaries in the economy. Here, it describes how financial intermediaries...
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... Chapter 2: An Overview of the Financial System 1. Function of Financial Markets and Financial Intermediaries 2. Structure of Financial Markets Debt and Equity Markets Primary and Secondary Markets Exchanges and Over-the-Counter Markets Money and Capital Markets 3. Financial Instruments Money Market Instruments Capital Market Instruments 4. Role of Financial Intermediaries Transaction Costs and Economies of Scale Risk Sharing and Diversification Adverse Selection and Moral Hazard 5. Types of Financial Intermediaries Depository Institutions (Banks) Contractual Savings Institutions Investment Intermediaries This chapter provides an overview of the financial system in the US economy by describing the various types of financial markets, financial instruments, and financial institutions or intermediaries that exist. 1 The chapter begins with a general statement that clarifies what function financial markets and financial intermediaries have in the economy as a whole. It then deals more specifically with: The structure of financial markets and the ways in which different types of financial markets can be distinguished. Here, it discusses debt versus equity markets, primary versus secondary markets, exchanges versus over-the-counter markets, and money versus capital markets. The various types of financial instruments, including both money market instruments and capital market instruments. The special role played by financial intermediaries in the economy. Here, it describes how financial intermediaries...
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...Student Industrial Work Experience Scheme. (SIWES) Uploaded by oyedokun on Jun 05, 2012 OVERVIEW OF THE PROGRAMME (SIWES) The Student Industrial Work Experience Scheme (SIWES) is a skill training program, designed to expose and prepare student in institutions of higher learning for the industrial work situation they are likely to meet after graduation. The scheme is also meant to familiarize students with work methods and exposed them to the needed experience in handling such equipment and machinery that are not available in the educational institutions. It is finance by the federal government and managed by the Industrial Training Fund (ITF). Employers of Labour are very important in the effective running of this scheme. They are to absorb a large number of the SIWES students in their various establishments to acquire the practical training. Students are normally attached to identified industries or companies for a period of three months during the long holiday between 200 level and 300 level, prior to this period, the SIWES officer in the SIWES office of the university would have liaised with the various Industries and companies and the ITF office, The students are paid some sustenance allowance which is usually subsidized by industry. In some cases, lecturers from the University pay scheduled visits to the industries to supervise the student work. Each student is given a SIWES Log Book, in this log book are recorded the students activities and experiences in industries...
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...DECLARATION FORM 3 INTRODUCTION: 5 BACKGROUND: 6 Overview: 6 2.0 COMPARATIVE ANALYSIS – LITERATURE REVIEW 8 Public vs Private Sectors 8 Differentiate between formal & informal Sectors: 8 Private Sector Reforms: 9 Public Sector Reforms: 10 3.0 METHODOLOGY: 12 Primary Research: 12 Secondary Research: 12 POPULATION SAMPLING: 12 4.0 FINDINGS: DISCUSSION & ANALYSIS 12 Factors Contributing to the Change of Industrial Relations in the Region 12 Labor Reform Policies: 12 Globalization : 13 Economic integration 14 Change in Technology 14 Changes in Labor Law and Attitude towards Unions 15 Decentralization of Bargaining 15 Management Alteration 16 Conclusion: 17 The End . INTRODUCTION: Industrial relations today by many accounts, is in crisis. In academia, its traditional positions are threatened on one side by the dominance of mainstream economics and organizational behavior, and on the other by postmodernism. In policy-making circles, the industrial relations emphasis on institutional intervention is trumped by a neoliberal emphasis on the laissez faire promotion of free markets. In practice, labor unions are declining and fewer companies have industrial relations functions. The number of academic programs in industrial relations is therefore shrinking, and scholars are leaving the field for other areas, especially human resource management and organizational behavior. The importance of work, however, is stronger than ever, and the lessons...
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...collective bargaining, its scope and implementation issues in HBFC Pakistan and in light of problems that they face in collective bargaining suggest some factors for effective collective bargaining. Simple random sampling was used for collecting data from population. In-depth interviews are conducted formally and informally. Based on the analysis of data gathered in HBFC it was found that there is no proper communication between union and management. They have misconception between them and the management does not properly recognize the union. And there is also the involvement of politics in collective bargaining. So there is need of some improvement in collective bargaining process and also realize the importance of union and collective bargaining. The type of this research study is exploratory. Most of management member in the organization were not agree to share any information and some of them became very aggressive when asking for data collection so that it was very difficult to interpret the results. Key words: COLLECTIVE BARGAINING (CB), TRADE UNION, HBFC 1. INTRODUCTION: Collective...
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...of the diminution in union forms of representation for the efficiency of employee voice within the workplace In the first decade of the 21st century, HR has been set a large significant number of issues and many subjects such as employee relationship, strategic HR approaches, employee rewarding, people resourcing, management ethics and so forth have attracted great deal of attention, concern and study to analysis their role, effect and contributions in organizations. Even though there are wide ranges of subjects playing different roles in human resource practices, an appreciation of operating the relationship between employees and employers has become an essential position of business and management recently. Traditionally, employers in employee relationship tried to maintain the control of the workforce with the goal of enhancing business performance. Clearly, if workers are treated fairly and respectively, in addition, they have appropriate influence on managerial decision-making, it could better for them perform improvably. Managers prefer grater work outcomes, nevertheless, it could bring employees’ requirements being disregarded or undermined (Budd, 2004). Therefore, employees bond to express their voice appropriately and their interests should be respected. The main way in which workers tend to voice their interests and representations in the workplace is to participate in collective unions so that they could in a position of greater strength; trade unionism has been regarded...
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...International Business Management Set up and operate a Business in Foreign Country Abstract This paper deals with the international business. It emphasizes on the means to start the business and the cost associated with the initiation of the business. It also describes the most important aspect of managing human resource. Because of the competitive environment, the need to do the business internationally has increased. This paper provides the overview of the two countries i.e. china and South Africa. Broad description of the legal processes that were supposed to be followed by the company to initiate business in the China has been explained. Apart from this, the staffing of local and expatriate staff along with the labor organization and legislation of the foreign country has been described. Therefore, the paper provides detailed analysis of the conditions that should be kept in mind while establishing business in the foreign country. Introduction International business is a term, which is used collectively to describe issues relating to the firm’s operations with interests in numerous countries. These firms are sometimes referred as multinational corporations. The main area of concern in the international business is the cultural considerations. These considerations include dissimilarity in law and legal systems, living standards, language barriers, climate and many more (Cherunilam, 2005). All these issues need to be overcome for an MNC in order to obtain success in...
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