5. Feminised recession: impact of the global financial crisis on women garment workers in the Philippines

2011 ◽  
pp. 67-78
Author(s):  
Kristina Gaerlan ◽  
Marion Cabrera ◽  
Patricia Samia
2010 ◽  
Vol 18 (2) ◽  
pp. 229-240 ◽  
Author(s):  
Kristina Gaerlan ◽  
Marion Cabrera ◽  
Patricia Samia ◽  
Ed L. Santoalla

2019 ◽  
Vol 32 (1) ◽  
pp. 47-74
Author(s):  
Hanako Nagata

The economic relationship between Japan and Bangladesh has grown stronger since the global financial crisis of 2008, with Bangladesh being identified as ‘China plus one’ by the Japanese companies. These companies have accordingly begun transferring the capital from China to Bangladesh to avoid political and social risks in China. This article examines the skills, wages, and householding of female Bangladeshi readymade garment workers, focussing on a Japanese multinational company’s international transfers and business activities in Bangladesh since the global financial crisis. This study yielded three main findings. First, it identified the structure of the division of labour involved in the production of pairs of short pants exported to Japan. Second, it compared 20 female operators’ wage assessments to those of the overall labour force, based on their skills and experience, and pointed out ambiguous and unfounded issues caused by the gender-asymmetrical workforce deployment of Bangladeshi factories. This gender-asymmetrical system is responsible for Bangladeshi female workers’ low wages. Finally, despite their low wages, the analyzed Bangladeshi women were found to share multiple household reproduction costs through remittances and perform most of the housework and care work in the household. JEL: B54, F23, F66, O53


2013 ◽  
pp. 152-158 ◽  
Author(s):  
V. Senchagov

Due to Russia’s exit from the global financial crisis, the fiscal policy of withdrawing windfall spending has exhausted its potential. It is important to refocus public finance to the real economy and the expansion of domestic demand. For this goal there is sufficient, but not realized financial potential. The increase in fiscal spending in these areas is unlikely to lead to higher inflation, given its actual trend in the past decade relative to M2 monetary aggregate, but will directly affect the investment component of many underdeveloped sectors, as well as the volume of domestic production and consumer demand.


ALQALAM ◽  
2014 ◽  
Vol 31 (1) ◽  
pp. 187
Author(s):  
Budi Harsanto

The fall of Enron, Lehman Brothers and other major financial institution in the world make researchers conduct various studies about crisis. The research question in this study is, from Islamic economics and business standpoint, why the global financial crisis can happen repeatedly. The purpose is to contribute ideas regarding Islamic viewpoint linked with the global financial crisis. The methodology used is a theoretical-reflective to various article published in academic journals and other intellectual resources with relevant themes. There are lots of analyses on the causes of the crisis. For discussion purposes, the causes divide into two big parts namely ethics and systemic. Ethics contributed to the crisis by greed and moral hazard as a theme that almost always arises in the study of the global financial crisis. Systemic means that the crisis can only be overcome with a major restructuring of the system. Islamic perspective on these two aspect is diametrically different. At ethics side, there is exist direction to obtain blessing in economics and business activities. At systemic side, there is rule of halal and haram and a set of mechanism of economics system such as the concept of ownership that will early prevent the seeds of crisis. Keywords: Islamic economics and business, business ethics, financial crisis 


2014 ◽  
Vol 7 (2) ◽  
pp. 159-167
Author(s):  
Kevin Garlan

This paper analyses the nexus of the global financial crisis and the remittance markets of Mexico and India, along with introducing new and emerging payment technologies that will help facilitate the growth of remittances worldwide. Overall resiliency is found in most markets but some are impacted differently by economic hardship. With that we also explore the area of emerging payment methods and how they can help nations weather this economic strife. Mobile payments are highlighted as one of the priority areas for the future of transferring monetary funds, and we assess their ability to further facilitate global remittances.


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