Income from the forest

AUSTERITY THE ANSWER FOR SPAIN?

1.Edward Hugh

-Austerity Alone is not enough, but is necessary                                                                        There’s A HIGH DEBT                                                                                                     Unemployment Is rising and young people are leaving the country. This can put in danger the Public system

Spanish Govt. Has to recover confidence and regain competitiveness. To do that, needs Collaboration from EU countries

2. David Lizoain

-Austerity measures and Increasing taxes are a disaster in a short-term. That’s because there will be More unemployment, more poverty and less social services. Therefore, Spain Needs a political change and also a control of the private debt.

3.Vincenzo Scarpetta

Austerity is negative but necessary And there’s a risk of contagious. Banks could go worse and they are the only Buyers but they have many non-preferring assets from property assets. Emerging Countries could help

THE GLOBALIZATION:

Advantages:

Increase employment opportunities / More Opportunities for investors

More education across borders

Integration of cultures

Faster flow of info

More competitiveness: increase the quality of The goods and services and the prices decrease

Disadvantages:

Unfair working conditions

Enviromental degradation (developed countries Take advantage of undeveloped countries with weaker regulatory law)

More disparity among rich and poor people

Small scale industries face extinction

Vocabulary: 

Retail-- vendre al detall

chamber of commerce

to downsize--reduir

An opportunity rather than a threat--una oportunitat més que una amenaça

I could expand but that could compromise the quality of my product 

 Overseas clients--clients estrangers/ultramar 

To find the market that suits my company-

TRUMP VS HILLARY:

Republican party: “American Brexit” More freedom When trading

More Manufacturing jobs to avoid companies factories be titled abroad

Democratic party: Believes in A globalized world where the USAhave And important role--More taxes On wealthy--More jobs Training (for middle income families)

KINDS OF UNEMPLOYMENT

Frictional-Frictional Unemployment is when workers are jobless and looking for work in a healthy Economy. It doesn't matter if they leave voluntarily or are fired. Is the Unemployment which exists in many economies when the people is looking for a Job or simply moving from one job to another

Seasonal-Unemployment Expected to occur at certain parts of the year. For instance, amusement parks May experience seasonal unemployment during the winter months because less People will visit the parks during this time

Cyclical-Cyclical Unemployment is when workers lose their jobs because of downturns in the Business cycle.An Example of cyclical unemployment is the loss of construction jobs during the 2008 financial crisis.

Structural- Structural unemployment is A long term form ofunemployment caused by fundamental shifts in an economy and factors Such as technology, competition and government policy. Reasons why structural Unemployment occurs include workers' lack of requisite job skills or that Workers live too far from regions where jobs are available and cannot move Closer