Search results
Results from the WOW.Com Content Network
This definition is used to exclude development aid from the two other categories of aid from DAC members: Official Aid (OA): Flows which meet conditions of eligibility for inclusion in Official Development Assistance (ODA), other than the fact that the recipients are on Part II of the Development Assistance Committee (DAC) List of Aid Recipients.
Aid effectiveness is the degree of success or failure of international aid (development aid or humanitarian aid). Concern with aid effectiveness might be at a high level of generality (whether aid on average fulfils the main functions that aid is supposed to have), or it might be more detailed (considering relative degrees of success between ...
Researchers have categorized two approaches to work force development, sector-based and place-based approaches. The sectoral advocate speaks for the demand side, emphasizing employer- or market-driven strategies, whereas the place-based practitioner is resolutely a believer in the virtue of the supply side: those low-income job seekers who need work and a pathway out of poverty.
A direct job is employment created to fulfill the demand for a product or service. [1] An indirect job is a job that exists to produce the goods and services needed by the workers with direct jobs. [ 1 ] [ 2 ] Indirect employment includes the things need direct on the job as well as jobs produced because of the worker's needs (e.g., uniforms ).
Labour economics seeks to understand the functioning and dynamics of the markets for wage labour. Labour is a commodity that is supplied by labourers , usually in exchange for a wage paid by demanding firms.
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
Providing aid to the unemployed is a strategy that is used to prevent cutbacks in consumption of goods and services, which can lead to a vicious cycle of further job losses and further decreases in consumption and demand. Many countries aid the unemployed through social welfare programs.
This may be important, uncompensated work occurring everyday in private life; or it may be criminal activity that involves clear but furtive economic exchanges. By ignoring or failing to understand these activities, economic policies can have counter-intuitive effects and cause strains on the community and society. [22]