In: Economics
Question 11
T/F. On Africa at the Crossroads, one author argued that developing
countries "determine which countries participate in the new global
re-division of labor."
True,developing countries do participate in new global re-division of labour
Developing country economy expands at enormous rate which require huge labour force to sustain its growth.Emerging economies require heavy industries where labour is back bone.with the coming up technology requirement for skilled labour increases.
Globally In developed economy high infrastructure and technology there is demand for high skilled labour such as in country like USA,Japan,South East Asia ,Western Europe.service and manufacturing sector labour dominate in GDP contribution
whereas in developing country demand for semi skilled and unskilled labour like in South Asia,South west Asia,East europe South america.Agriculture and manufacturing sector dominate
In under developed country there is very less demand for labour like in most of countries in Africa,mostly agriculture sector
with globalisation migration of labour fulfill the requirement in most of country.
advanced economy attract a major chunk of skilled populationand country USA European nation is famous destinaation among them.