There are generally three main actors in the industrial relations,which are directly involved, namely, employees, employer and government or society: Employers as Actors in the Industrial Relations Employers possess certain rights vis-à -vis labors. They have the right to hire and fire them. Management can also affect workers’ interests by exercising their right to relocate, close or merge […]
Industrial relations define relationships between employers and employees toward each other in terms of supervision, direction, planning and coordination of organizational activities, with minimal human effort and functions; all this is done with an enthusiastic spirit taking into consideration the safety of all employees. Industrial relations may also be defined as relations between employees and
The significance of industrial relations is in the fact that their quality increase the efficiency and hence prosperity and other benefits to the organization.
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Growth pole is the concentration of technically advanced industries that stimulate economic development in associated businesses and industries.
Lewis and Rostow both focused on rising per capita income as the central measure of growth; they conceived of economic development as a modernisation
Hirschman stressed his point by saying that if a country were ready to apply the doctrine of unbalanced growth, then it would not be underdeveloped.
The external parts of human body are connected to the five major sense organs which tell us about our surroundings.
In his Elimination of Dependency suggested process, Warren’s main point was; certainly imperialism has led to the creation of a system characterised by inequality and exploitation
Baran conceptualized the causes of underdevelopment in much the same way as his contemporary non-Marxist economists.
Neo-Marxism theories of underdevelopment and dependency appeared during the 1950s, partly as a reaction against the growth and modernization theories, partly as the outcome of a long-standing debate concerning the impact of imperialism. The early Neo-Marxist theories were primary known as dependency theories., They were to a large extent influenced by the Latin American structuralists
Neo-Marxism Theories of Underdevelopment and Dependency Read More »
Deprivation in developing countries is not simply a matter of low levels of per capita income. There are many other dimensions to the development gap between rich and poor countries. Developing countries generally experience much higher levels of unemployment, open and disguised than do developed countries. The levels of education, health and nutrition are often abysmally
One of the distinguish characteristics of developing countries is that their trade tends to be dominated by the export of primary commodities.
Exports Dominated by Primary Commodities. Why ? Read More »
Many economists have recently argued that it is weak institutional structures that are the fundamental causes of underdevelopment because the character of institutions is the determinant of all the proximate causes of progress such as investment, education, trade and so on.
Weak institutional Structures in Developing Countries Read More »
Here are Some characteristics of developing countries that contribute to the low levels of labour productivity and poor economic performance
When they were recalled after awakening the dreams were regarded as either the friendly or hostile manifestation of some higher powers, demoniacal and Divine. With the rise of scientific thought the whole of this expressive mythology was transferred to psychology; to-day there is but a small minority among educated persons who doubt that the dream
Meaning of Dreams. Learn about their 3 categories Read More »
