Exam 5: Socioeconomic Transitions: the New Realities of the Global Workforce

The net amount of investment by nonresidents in enterprises in which nonresidents exercise significant management control is knows as:

Education enrollment rates are decreasing in developing countries, though more slowly for women than for men.

Worker migration is a _____________, leading to constant change in supplying and receiving countries.

The United Nations Conference on Trade and Development (UNCTAD) estimated that _______________ generated about a quarter of global gross domestic product (GDP) in 2010.

Migration of workers or migration of employers, and the resulting encounter of people from different places with different cultures and capabilities, is an important contributor to _______________.

_______________ within the European Union (EU) is relatively low, as evidenced by the general reluctance of most people to migrate for work, given alternative, albeit less attractive opportunities at home.

Highly skilled people from developing countries often migrate in search of better opportunities than their home economies can offer.

Which oil rich, labor-poor regions have been the most notable recipients of worker migrants, especially from a wide range of Asian countries?

The growing share of direct foreign investment going to undeveloped countries has received more attention due to their emphasis on diverse workforce composition.

In 2001, while the American plant manager and his team were working on changing the plant's culture regarding attitudes toward women, _____________ agreed to pay a multimillion dollar settlement to African American and Hispanic workers who were experiencing racial and job discrimination.

The United Nations estimated that between 2005 and 2010 for the first time the growth rate of the migrant stock (meaning all migrants, not just workers) for less-developed regions ____________ the rate for more-developed regions.

Globalization is allowing countries to _________ many of their employers, particularly those in labor intensive, low paying industries that make a product that is transportable.

Although there is no indication that the natural human reluctance to leave home and family is any less pronounced among the highly skilled, in some countries policy failures by governments have encouraged large numbers of skilled people to migrate.

Population trends are making culturally based workforce diversity a fact of life for virtually all _______________.

Migration of working-age people has traditionally contributed to __________ such imbalances in labor demand and supply, and is still a solution for many in developing countries.

In 2012, a carbide chemical plant released a deadly gas that formed a cloud over a large population, resulting in an environmental disaster. Luckily there were no deaths reported.

Immigration is beginning to diversify workplaces in some Eastern European economies, including countries that have joined an expanded European Union (EU).

The origins of workforce diversity in EU countries have tended to be relatively ____________.

What are some of the world-wide trends that have caused the workforce to become increasingly diverse?

Jobs that are _____ paying and ____ status in an industrialized country can be exported as _____ paying and _____ status to developing companies.