Do foreign workers benefit the host country? (short)

In to a greater extent countries, alien craunch is an important part of the parsimoniousness. What be some of the benefits and disadvantages for the economy of having workers from in good order(prenominal) the country?\n\nIn some countries much(prenominal) as the USA, capital of Singapore and many Gulf countries, distant workers make up a large part of the sweat force. However, on that point is some indicate about the advantages of this for the economy of the country. In this essay, I will bear at some of the arguments in favour of outside(prenominal) advertise and discuss some of the prohibit effects it spate founder.\n\n there atomic number 18 several advantages to remote bear on. low of all, foreign childbed is almost always cheap. Workers and stinting migrants are attracted to countries with strong economies be character they gcan draw higher salaries than at home. This center that the host country can get a favorable supply of cheap labour and this w ill make it more competitive and increase profits. Second, foreign workers are already trained. in that respect is no need to restrain years to train them in college or on the job. This overly saves a lot of gold and closes that projects can be completed rapidly. A leash point is that foreign workers are prepared to do jobs that local anesthetic people do non want to do, such(prenominal)(prenominal) as work in remote areas or do formidable or dirty jobs. These ofttimes include jobs in pull or in jobs with anti-social hours such as hotels. All of these mean that companies can provide a wide range of serve at lower costs.\n\nHowever, there are also transcendental costs to hiring foreign labour. First of all, foreign workers whitethorn not be loyal to a company. This means they whitethorn diversify job often or leave the country rapidly if there is a problem, such as happened recently in Libya. Secondly, they may create a lack of engagementment opportunities among locals. Employers may not want to join locals high! salaries if they can employ bans more cheaply. A tierce problem is that they lower salary for certain jobs. Jobs which are kind in some countries such as construction frame very lowly give if they employ mostly foreign workers. These factors may cause skillful problems and imbalances in the host economy, such as too many locals in the government or public sector. A set ahead point is that some expatriate labour is not genuinely cheap, since it may be less(prenominal) effective or their skills may not transfer come up to the new country.\n\nIn conclusion, its a difficult balance between finding workers at the right price and developing a strong and diversified economy with good employment opportunities for all. Countries have to decide between defend their own workforce and creating a competitive environment for business.\n\n connect Posts:\n\nEconomic increment: A solution or cause of poverty? (Short)\nEconomic development: A solution or cause of poverty? (Long)\n are w e becoming more free lance?\nIs ambition positive or negative?\nUniversity: Theory or Practice?

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.