Global-labor, Risk or Opportunity?

Basic Definition

As we live around "fast-flows" society, people interact, intersect, intermingle and intermix with each other. International policy portrays the world as a relationship within. Each member of this global village knows each other business just like the next-door neighbor. Each country has their own agenda to empower and develop the wealth of their inhabitant. The social nature of human as the inhabitant of country is to interact. The country as well needs to interact one another. The relationship between countries could be done through politic, economic, military, and educational type of interaction. Economic relationship between countries has been extensively increased due to the world financial condition. Every country tries out any opportunity to relate to international scheme in order to increase or maintain its welfare. Welfare affects people as a production factor. When one couldn’t taste welfare in their own area, he will seek out in the neighbor’s area. This phenomena lead to mobility of labor. Labor moves to other country to pursue better life on the other hand neglecting its own country welfare. The small quantity of labor mobility reduces the country welfare.

Global - Work force and Welfare

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Risk

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Opportunity

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