Flashcards in Issues Associated With Interdependance Deck (5)
Positive effects of labour movement?
Reduces geographical inequality
Address skill and labour shortages
Skilled workers return to country of origin
Negative effects of labour movement?
Countries find it difficult to retain best talent
Loss of skilled workers
Outsourcing - loss of jobs?
Less spending in local economy, loss of jobs and services shut down - demultiplier effect
Outsourcing - deindustrialisation?
Closure of manufacturing companies due to outsourcing leads to closure of local suppliers - decline