European Labour Market Essay Example | Topics and Well Written Essays - 4000 words

European Labour Market - Essay Example The empirically based studies concentrate on the evolutionary models or on management literature which emphasize on the price competitiveness and the shares of the export market as an important tool in the investigation of the contribution of the strategies induced in the balancing of the costs and productivity (Aiginger, 2004). The paper will focus on different aspects of the unemployment of the Sweden and various policy implications from 1970s till date with the help of various economic theories. Unemployment in Europe from the decades of 1970s The sharp decline in the unemployment increased drastically across the globe with the crash of the Bretton Woods system of fixed exchange rates. But unlike many areas of the world, unemployment in several European countries has never returned back to the low levels during the Golden Age after the Second World War. The unemployment in the European Union is a major problem. The Euro zone members encountered high levels of unemployment rates an d it increased rapidly in the early 1970s in parallel to the consolidation of an integrated economy and its size and the complexity has been approaching as that of the USA which presents a sharp contrast (Nixson & Artis, 2007, p. 354). The hardcore explanation which stands in this way is that the growth of the industrialized economies became much more unstable and became vulnerable to frequent shocks which include oil price shocks or the exchange rate fluctuations from the period of 1970 onwards. The countries with the flexible labor market rules such as modest unemployment benefits, light employment protection legislation and a low degree of union power which are used in the management of the absorption of these shocks with a much accelerated pace with the comparison to other rigid institutions . The enhancement in the number of the unemployed in Europe can be attributed to the interaction between shocks and institutions. But it has also been encountered often that extensive unempl oyment benefits generate the problem of moral hazard where the workers receive fractional protection against unemployment and they are less likely to search jobs. People studded with strong work ethics will be finding it difficult to rely on the benefits without actively looking out for jobs while the others try to remain on the benefits as long as possible. Therefore the average values in a country have an impact on the size of the moral hazard problem and hence on the cost of providing generous unemployment benefits. Expectations will be on the countries where the workers generally posses a weaker work ethic in order to have a lower ‘replacement ratio’ which is the level of benefits relative to wages (Michau, 2009, p. 14). The employment rate is the number of the total employed and the self employed population of the working age. In the early 1960s the EU 15 the employment ratio was higher than that of the USA but it fell in the 1970s but picked up pace in the 1990 wi th falling sharply with the recession of 2008-2009 (Â  El-Agraa, 2011 p.373). In recent years defenders of the European social model proposed that capitalism augmented by a generous and interventionist welfare state which have taken the praising to Scandinavia to a sky rocketed level. The Nordic

In Which Ways and to What Extent Can GMO Products Harm Health Research Paper

In Which Ways and to What Extent Can GMO Products Harm Health - Research Paper Example On the other hand, researchers have reached a concession that there is more to genetically modified crops other than just the high productivity. In essence, these products have negative health impacts on human beings and this is something to worry about. In Japan, the consumption of wheat has increased right from the period after the Second World War and the country has failed to satisfy this demand. Therefore, the country relies on import of wheat from other nations. The concern for human health in Japan has seen the import of wheat from other countries being stopped as the controversy of genetically modified wheat becomes a reality. Evaluation of a wide range of materials reveals that genetically modified food products have both the good and bad sides of it. The website resource provides the true definition of genetically modified organism and their social economic impacts. Genetically modified organisms (GMO) refers to a wide range of plants and animals that are genetically manipu lated to provide desirable impact in productivity of Agricultural products. The motive of this scientific action is to provide the world with a better sustainable economic environment where every country can sustain its population. In many countries, this culture has helped the agricultural sector to experience a drastic shift in productivity. However, this resource also states in black and white about the negative impacts of this science that has intruded the natural agricultural style. Among the listed effects of this science is that the consumers of these food products will experience a lower nutrient level, antibiotic resistance, more cases of food allergy and poisoning. This is the impact that Japan anticipates as they continues to import wheat from other nations. In reality the resource provides an explanation for the possible reason why Japan declined import of wheat from other countries. The superiority of this resource lies in its deep coverage of the matters surrounding th e controversy of genetically modified products. Karimi (2013), a website updater, presents a rather biased GMO timeline and the historical development of this agricultural technology. The GMO matter started way back in 1935 and a slow and progressive development of the technology has made the topic a sensitive matter today. It provides a broad coverage of the legal aspect of the GMO since its first development and its acceptability in many countries today. Although the website appears to be subjective and over-scores on the negative impacts of the GMO in the society, it provides a ground to understand the proliferation of GMO culture in the world today (Greider, 26 Oct. 2003). This timeline coincides with the import culture of GMO in Japan since the time when the country’s demand for wheat increased. In Japan, the country import culture developed shortly after the Second World War (1945) and has continued to grow. This historical coverage points out to the possible period tha t Japan has suffered from the unlabeled GMO wheat until 2012 when the country became more conscious of the GMO products. The Public press channels have played a great role in asserting the public on the nature of this new technology and garnering public opinions on the matter. Strom (2013) wrote an investigative article to garner public opinions on their take on the proliferation the GMO technology and its impact on