- According to Stiglitz (on blackboard), the policies of the IMF after the financial crisis in East Asia, made the crisis worse, deepening and prolonging the economic damage to the effected countries. What were some of the IMFs policies? How did they worsen the economic damage?
- In the last 15 years, Bangladesh has seen rapid industrial development and export growth, mostly in the garment industry. According to the readings and class notes, (a) working conditions, industrial accidents and wages are among the worst in the Asia. Discuss. (b) Nevertheless, social conditions mostly exceed those in the rest of South Asia and have improved dramatically over the years, in large part because of NGOs. Discuss.
- For a poor country at a very early stage of industrial development, indicators of social welfare rival or exceed those of China, while working conditions are similar to those in far more advanced countries. Discuss and provide some data and examples.
every other option to growing minimum wages will be raising the kid tax credit. households with children should actually use the extra money this is supplied shape the benefit from baby tax credit program. Many government officials are in favor of increasing the kid tax credit, they are saying it is pretty not going that it'd be and growth in minimal salary. but, this approach could assist struggling households with kids with the benefits and necessities that they need. although maximum federal governments oppose of the minimal salary law they experience that there better solution for helping workers that most effective make minimal salary which include the earned income tax credit score. This tax credit is installation for a person who is terrible and has earn a positive approximately because of his or her wages for the duration of the yr. The earn earnings tax credit score has several advantages for the negative and it favors those who make minimal wage. “One argument frequently made by using minimum salary advocates is that higher minimum salary is necessary to save you or mitigate the discount in marketplace wages related to the hard work deliver response to a more generous EITC” (Neumark&Washcher, 2011, p. 714). the standard minimal salary does not price the tax payer any cash because of the better profits tax credit. this is one of the packages that was created so the authorities could not must enhance minimum wages, by way of handiest growing it for low profits workers, who are eligible to acquire it. “Economist around the globe, experience that schooling applications are complaint of raising the minimal wage it's miles the pay charge of low-skilled people and entry level jobs”(Neumar&Wascher,2002). The government should install training programs that might probably improve employee results and assist them to be greater a hit in getting a high paying process. assessment of the evidence The proof used here is all justifiable and dependable and with out bias. The diverse of assets used right here are scholarly, peer-reviewed articles which make the records justifiable. There are a few resources used right here that might be considered famous assets. After reading the item, American journal of Public health, the authors (Tsao et al 2016) labored with the ny branch of fitness and mental Hygiene, they referenced their paintings and without bias. this newsletter helped shed light on the fitness of low-profits families. It also helped to provide an explanation for how beneficial it would be if there was and boom in minimal wage and the effects it might have on and households. The effects of minimal wage on meals Stamps, is a reputable scholarly supply to show how the authorities motives for now not raising minimal wages however need to create more applications to help folks who are struggling with low-income or no income in any respect. As a end result, the article proved that the authorities goes inside the right path in saving taxpayer money. this article is critical to research because it sheds light at the way minimum wages have an effect on folks who are much less fortunate. It additionally takes a closer examine the ones who've to apply authorities help packages with a purpose to aid their households. Statistical data supplied offers cause for raising the minimal wage and to make use of the table of statistics. once more, this>GET ANSWER