scholarly journals Impact of Demonetization on Employment in India: Issues and Challenges of Labour Market

2021 ◽  
Vol 10 (1) ◽  
pp. 1-5
Author(s):  
Nida Fatima
Keyword(s):  
Labour Market ◽  
Manufacturing Sector ◽  
New Technology ◽  
Point Of View ◽  
Indian Government ◽  
Employment Impact ◽  
Global Power ◽  
Production And Distribution ◽  
Existing Form ◽  
Half Decade

Demonetization is a conventional practice in monetary policy to embark upon black money. However, it was meant to be suddenly implemented. Long-ago, demonetization has taken place twice but it failed because the idea is to tackle the black money existing in circulation. This wasn’t for tackling corruption that’s what Government is not saying that 100% corruption will be tackled and also if announcement and time would have been given, this step might not have been successful in controlling black money and counterfeit currency in circulation coming from Pakistan, Nepal or other countries. Demonetization is a course of extraction of an exacting form of currency from circulation. The existing form of money has chosen from transmission and retired, to be put back with new notes or coins. The newest demonetization measures taken by the Indian Government on November 8th 2016, in an attempt to hold back corruption and black money has resulted in a massive amount of involuntary consequences. While the key objective following this budge is commendable, the planning and implementation of the scheme left much to be required from a policy point of view. This step has caused rolling impact throughout the economy, departing the most sectors reasonably crippled owing to the unanticipated cash crisis. The labour market in India has been witnessing numerous uncertainties including the problem of world recession, and growing ‘automation’ particularly in the manufacturing sector. More precisely, in the last one and a half decade, India has emerged a global power in terms of the development or diffusion of new technology in the form of ICT. ICT intensity, defined as the ratio of ICT investment to non ICT investment, has increased significantly across industries led to ‘automation’ in most production (and distribution). Its impact on productivity led growth, and direct employment is well documented. However, its negative employment impact, particularly in the ICT using manufacturing sector has largely been ignored. So, in a situation, when the debate, whether the net employment impact of ICT on the economy as a whole is positive, is still un-conclusive; any major policy change like ‘demonetization’ is likely to make the employment scenario further volatile by causing uncertainties to rise in labour market, mainly the informal employment.

Using Technology Acceptance Model to Study Customers’ Perception Towards Green Banking

Think India ◽  
2019 ◽  
Vol 22 (3) ◽  
pp. 402-409
Author(s):  
Deepak Shrivastava ◽  
Apurva Shrivastava ◽  
Gyan Prakash
Keyword(s):  
Technology Acceptance ◽  
Technology Acceptance Model ◽  
Perceived Risk ◽  
New Technology ◽  
Banking System ◽  
Point Of View ◽  
Ease Of Use ◽  
Perceived Usefulness ◽  
Perceived Ease Of Use ◽  
Acceptance Model

Tech-friendliness in this new era is an important quotient considered and the persons’ acceptance towards the technology frequency matters a lot. But still the frequency varies from person to person, this brought in the concept of Technology Acceptance Model given by Fred Davis in 1989. The theory of TAM is based on two theories that are Theory of Reasoned Action and Theory of Planned Behavior, TAM is extended version of these two. Green Banking is a new technology introduced by the banks that focuses on the growth of Sustainable development and Banking system too. Thus, banks ask their customers to use it or practice it in their daily life transactions. But every customer has their own point of view on the usage of Green banking. Thus, the research aims to understand the customers’ perception towards the Green Banking for this TAM is used. The research states that Perceived risk is the primary factor that is followed by perceived usefulness and perceived ease of use that impacts the decision to use green banking. Thus, the behavioral intention results in actual use of green banking usage for which people are trying to accept the new technology. So, the banks have earned points for creating awareness among their customers but still they have to work hard and clarify their customers’ problems and vanish that hitch that is stopping them to use green banking easily.

The impact of applying the Common Customs Tariff on the armenian export of Cut and Polished Gems to Russia

2019 ◽  
pp. 33-41
Author(s):  
V. L. Harutyunyan ◽  
S. V. Dokholyan ◽  
A. R. Makaryan
Keyword(s):  
Manufacturing Sector ◽  
Practical Implication ◽  
Dominant Role ◽  
New Technology ◽  
Manufacturing Companies ◽  
Medium Term ◽  
Diamond Cutting ◽  
Global Trends ◽  
The Common ◽  
The Impact

The presented study discusses the issues of applying the Common Customs Tariff (CCT) rates of the Eurasian Economic Union (EAEU) on rough diamonds and the impact thereof on the exports of stones cut and polished inArmeniaand then exported toRussia.Aim. The study aims to identify the possible strategies Armenian diamond cutting and polishing companies could adopt as a response to the application of the CCT rates on rough diamonds and how it would affect exports to various destinations, namely to Russia.Tasks. The authors analyze the current state of the gems and jewelry sector and substantiate the need to either integrate it into the jewelry manufacturing sector or to apply various strategies to facilitate exports to either Russia or other destinations in the medium term in response to the application of the CCT rates.Methods. This study uses general scientific methods of cognition, including analytical and methodological approaches and elements of forecasting. Possible strategies the Armenian diamond cutting and polishing companies could adopt in the medium term in response to the application of the EAEU CCT rates are determined using the analytical research method, forecasts in the context of the developments in the Armenian gem processing and jewelry market and global trends, statistical data on the imports and exports of cut and polished gems and jewelry for 2014–2018 published by the UN Comtrade Statistics.Results. Statistics on the exports of processed diamonds from 2014 to 2018 highlights the issue associated with the loss of competitiveness suffered by Armenian companies (mainly in comparison with Indian diamond cutters). The major global trends in the diamond cutting and polishing business indicate that it could be virtually impossible for Armenian cutters and polishers to compete with Indian companies in the medium term if they do not comes to investing in new technology to achieve operational efficiency. For these companies, it is important not to lose the Russian market due to an increase in the tariff rate and concentrate on the processing of gems that are larger than 1 carat. Another strategy to avoid an increase in the customs tariff rates would depend on the Armenian government’s ability to negotiate with Russia in respect of direct imports of diamond stones from Russian manufactures. Two other options for Armenian cutters involve focusing on cutting and polishing of rubies, sapphires, emeralds, etc. or integrating into the jewelry sector either by being the primary supplier or by considering this business as a channel to sell processed diamond stones by setting up their own jewelry manufacturing companies.Conclusions. With CCT going into effect in January 2021 and India’s dominant role in the diamond cutting and polishing business, Armenia needs to carefully consider all of the strategies the Armenian companies could adopt, as discussed above. As a member state of the EAEU, Armenia freely exports to Russia, however, further exports to Russia would depend on Armenia’s ability to ensure that cost-effective operations are in place, or to concentrate on the processing of precious gems rather than diamonds, or to switch to the manufacturing of jewelry items as a major export item.Practical Implication. The findings of this study could be of interest to the Ministry of Economy of the Republic of Armenia and Business Armenia that could be used in elaborating the strategy for the development of Armenian gems and jewelry sector of the economy.

scholarly journals New system of employment forecasting in Poland

2014 ◽  
Vol 15 (2) ◽  
pp. 75-90
Author(s):  
Łukasz Arendt
Keyword(s):  
Labour Market ◽  
Econometric Models ◽  
Point Of View ◽  
Labour Market Policy ◽  
Market Policy ◽  
On Line ◽  
New System

Abstract The goal of the paper was to describe the system of employment forecasting in Poland and to present forecasts results. The paper described the main assumptions and elements of the system of employment forecasting (the structure of econometric models and on-line forecasting tool). It also elaborated on employment forecasts at national, regional and occupational levels. The analysis of forecasts enabled drawing some conclusions, important from the point of view of the perspectives of the Polish labour market and the labour market policy.

Influence of Social and Environmental Responsibility in Energy Efficiency Management for Smart City

2021 ◽  
pp. 2141002
Author(s):  
Zang Huiyi ◽  
C Chandru Vignesh ◽  
J Alfred Daniel
Keyword(s):  
Energy Efficiency ◽  
Labour Market ◽  
Smart City ◽  
Smart Cities ◽  
New Technology ◽  
Environmental Responsibility ◽  
Management Skills ◽  
Critical Approach ◽  
Social Competencies ◽  
Matching Criteria

Sustainability is becoming one of the organizational plans of intelligent communities. They represent the critical approach to a prosperous future. In another direction, the smart city is aimed at tackling renewable energy challenges. This research explores energy conservation’s impact from a labour market viewpoint of the Efficient Smart Cities model. The study meets the study divide on developing the power manager career in cities environmentally urban paradigm. This research’s primary purpose is to establish a current detailed approach to certification bodies’ skills that focus on new technology. The proposed Social and environmental responsibility in energy efficiency management for the Smart City (SER-EEM) framework represents the convergence between the conceptual and functional methods. For the presentation of labour market scientific studies, qualitative data were shown. The conclusion is that conservation and cloud computing are the central components of the Sustainable Smart City model. Work market analysis divided energy executives into developing nation’s expertise in terms of quantity and composition of production, and matching criteria for qualification were identified. The power management’s capability model comprises many core categories related to particular expertise, social competencies and behavioural competencies. By incorporating this study of resource management skills in industrial and non-commercial companies such as educational institutions and training classes, current research results will lead to development and awareness.

Material deprivation and employment status in post-transition: Evidence from North Macedonia

SEER ◽  
2021 ◽  
Vol 24 (1) ◽  
pp. 135-152
Author(s):  
Dimitar Nikoloski
Keyword(s):  
Labour Market ◽  
Capital Accumulation ◽  
Employment Status ◽  
Material Deprivation ◽  
Point Of View ◽  
Work Intensity ◽  
Active Labour ◽  
Underlying Causes ◽  
The Unemployed ◽  
Adjustment Mechanisms

Poverty and social exclusion are often associated with unemployment, but being employed is not always sufficient to provide decent living conditions for workers and their families. In this context, the aim of this article, drawing on SILC micro data, is to assess the underlying causes of severe material deprivation in North Macedonia from the point of view of employment status, particularly the differences between employed and unemployed workers. The results show that employed workers face a much greater risk of severe material deprivation if they are positioned in the so-called secondary labour market; while the unemployed with low capital accumulation and those living in households with low work intensity face the highest risks of all. North Macedonia’s adjustment mechanisms do help cushion the consequences, but the article concludes with several policy recommendations for additional action to reduce severe material deprivation covering: education and training; active labour market policies; unionisation and collective bargaining; wage subsidies and taxation; and a statutory minimum wage.

scholarly journals Functioning of the Clothing Networks on the Global Markets - Comparative Analysis

2012 ◽  
Vol 14 (3) ◽  
pp. 87-100
Author(s):  
Monika Malinowska-Olszowy
Keyword(s):  
Comparative Analysis ◽  
Marketing Mix ◽  
Marketing Strategies ◽  
Point Of View ◽  
Global Markets ◽  
Distribution Costs ◽  
Production And Distribution ◽  
Global Companies ◽  
Marketing Mix Strategy ◽  
Made In

The globalisation process contributes to shaping of many diverse consequences, among others it causes the internationalization of production, new, global division of work, increase of competitiveness, it builds the branches of a globalising business. From the point of view of economy, the phenomenon of globalisation influences the deepening of a free float of commodities, services, resources, capital, work, and also information between the countries. These factors significantly contribute to many changes that are visible in the operations of the latter-day enterprises (Penc 2003, p. 152). One of the consequences of the globalisation process, which is directly connected with the functioning of companies, is the necessity of building and managing the brand. As a result it creates many possibilities to global companies from the textile-clothing sector that want to achieve a market success. However, in order to achieve it one has to fulfill many, constantly increasing, expectations of the buyers. The realisation of these challenges is possible only with the share of two crucial factors: proper competitiveness and progressive marketing strategies. In the clothing sector the partnership networks are being created between the economic subject, because such actions are aimed at minimising the risk, as well as to reducing the production and distribution costs. The most often encountered networks in the textile-clothing branch are the franchising networks. The present article concentrates on the competitiveness aspect of the global clothing networks. A comparative analysis of the action of the commercial clothing networks was made, in order to show some features of its operation and proceeding, while focusing on the specified elements of the marketing-mix strategy. The obtained results allowed to show the differences and similarities in the used marketing strategies.

scholarly journals Developing the flexible library and information workforce.

2013 ◽  
Vol 19 (64) ◽  
pp. 24-26
Author(s):  
Anne Goulding ◽  
Evelyn Kerslake
Keyword(s):  
Labour Market ◽  
New Technology ◽  
Cost Effective ◽  
Labour Markets ◽  
Labour Market Flexibility ◽  
Defined Media ◽  
Flexible Workforce ◽  
Forward Looking

Flexibility is a vaguely defined media buzzword connoting the progressive, forward-looking workplace. Employers report that increased labour market flexibility has made them more cost-effective, efficient, better able to deal with customer and employee demands and the implementation of new technology. But what is happening to those workers who make up the flexible workforce? For a while in the 1980s it seemed that flexibility could do no wrong; now, however, the shortcomings of flexible labour markets are becoming more apparent.

scholarly journals FEATURES OF MODERN INTERACTION BETWEEN SUBJECTS OF THE MARITIME SEGMENT OF THE LABOUR MARKET

2021 ◽  
Vol 23 (2(79)) ◽  
pp. 25-34
Author(s):  
O.K. AFANASIEVA ◽  
A.O. HUK
Keyword(s):  
Labour Market ◽  
Labour Force ◽  
State Level ◽  
State Regulation ◽  
Point Of View ◽  
Scientific Article ◽  
Maritime Industry ◽  
Number Of Publications ◽  
Positive Effect

Topicality. Nowadays, crewing business in Ukraine is at the stage of formation and development, so its study is a rather new topic for modern Ukrainian science. The study of the problem of considering the crewing business from the point of view of rising the quality of the labour force in the seafarers' labour market, highlights the features of modern interaction between the subjects of the maritime segment of the labour market in terms of the effectiveness of work with marine personnel, helps to orient work in the maritime industry at the state level in the direction of risk reduction and maximum elimination of threats of the present for a modern shipping company, it is necessary to ensure the safety of seafarers in the legal and operational field, which is the basis of this scientific article. Aim and tasks. The aim and tasks of the study are to determine the features of modern interaction between the subjects of the maritime segment of the labour market: the shipowner, the crewing company and the seafarer to design further ways to develop crewing activities. Research results. The article considers the features of the interaction between the subjects of the maritime segment of the labour market: the shipowner, the crewing company and the sailor in the modern dimension of the development of crewing activities. The commercial relationship between the interests of the customer and the intermediary in the selection of a successful skilled employee is analysed. Threats to the development of the modern maritime industry, affecting the labour market of seafarers, have been identified. The ways of further state regulation of the activities of crewing companies in Ukraine on the employment of seafarers and ensuring their protection in any port of the world are covered. Conclusion. The value of the work is determined by the small number of publications on this topic. In Ukraine the opportunity to ensure the protection of seafarers is conditioned by a new state policy, it provides for the introduction of new laws and regulations in the maritime industry, they are aimed at supporting seafarers working on ships on international voyages. The adoption of positive state decisions in the shortest possible time is a way to strengthen international cooperation in ensuring the observance of the labour and social seafarers� rights, their guarantees, ultimately, it will have a positive effect on the development of crewing activities in our country.

Do National Activation Measures Stand the Test of European Law on the Free Movement of Workers and Jobseekers?

2010 ◽  
Vol 12 (1) ◽  
pp. 81-103
Author(s):  
Herwig Verschueren
Keyword(s):  
Labour Market ◽  
Point Of View ◽  
Free Movement ◽  
European Law ◽  
European Level ◽  
The Third ◽  
Cross Border ◽  
Legal Context ◽  
Free Movement Of Workers ◽  
The Eu

Abstract This article examines the compatibility of national measures taken to stimulate non-active people to enter the labour market (the so-called activation measures) with European law on the free movement of workers and jobseekers. It will first give a short overview of the objectives of the European employment strategy, more specifically with regard to the activation of workers. Subsequently it will sketch the European legal context of the free movement of workers and jobseekers, with special attention for the measures taken at the European level to enable and stimulate labour migration within the EU and thus create a European labour market. In the third part, by way of example, we will have a closer look at a number of activation measures taken in Belgium and examine which problems could arise in cross-border applications from the point of view of European law.

It's YOUR Point of View…on Social Media

2010 ◽  
Vol 18 (4) ◽  
pp. 44-46
Author(s):  
Barbara Foster
Keyword(s):  
Social Media ◽  
New Technology ◽  
Point Of View ◽  
Emerging Trends ◽  
On Line ◽  
Trade Shows

For 20 years, Microscopy/Microscopy Education (MME) has been conducting market surveys for the industry, identifying emerging trends and, even more importantly, giving you, the practicing microscopist and spectroscopist, a chance to impact the direction of instrumentation via your input on our surveys. (Many of you remember us for the M&Ms we used to hand out in exchange for your input at key trade shows). The results of 20 years of your valued participation have been profound: new technology that fits your needs, coming on line faster and more economically.

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