ECONOMICS
ECONOMIC DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
fordism
|
|
structural adjustment programs
|
|
just-in-time delievery
|
|
the new international division of labor
|
Detailed explanation-1: -The new international division of labor (NIDL) refers to social and spatial changes in the demand for and organization of labor that began during the late 1960s, when patterns of investment and production shifted from being organized primarily at the national scale to being organized primarily at the global scale.
Detailed explanation-2: -The new international division of labor was caused in large part by the crisis of Fordism, a process much researched by economic geographers.
Detailed explanation-3: -(NIDL) A global division of labour associated with the growth of transnational corporations and the deindustrialization of the advanced economies. The most common pattern is for research and development in more economically developed countries, and cheap, less skilled labour in less economically developed countries.
Detailed explanation-4: -International divisions of labour involve transfers of reproductive labour beyond territorial boundaries. Thus, Filipina workers take on the household tasks of middle-class women abroad, while they themselves may hire poorer workers to do their housework in the Philippines (Boyle (2002) PHG 26, 4).