Cheap labor Quote by Mak_786

The availability of cheap labor in developing countries is not less than a curse,

— Mak_786

Labor, no matter how inexpensive, will become a less important asset for growth and employment expansion, with labor-intensive, process-oriented manufacturing becoming a less effective…

— Michael Spence

In nations that have become too complex, taxes and regulation cause at least a doubling of the amount employers must spend on labor. Many…

— Oliver DeMille

As the economy turns, one of the most significant impediments to economic growth is going to be labor availability.

— Thom Tillis

Employers love cheap labor, but a country should train its own people.

— Richard Lamm

The globalization that has rescued so many in poor countries has harmed some people in rich countries, as factories and jobs migrated to where…

— Angus Deaton

The benefits of globalisation and economic growth are being unevenly distributed and people are acutely aware of their own relative disadvantage.

— Wes Streeting

Child labor perpetuates poverty, unemployment, illiteracy, population growth and other social problems.

— Kailash Satyarthi

It is probable that for a long time to come the mass of mankind in civilized countries will find it both necessary and advantageous…

— Leland Stanford

Making labor less expensive helps firms hire people.

— Christina Romer

Forced labor affects the most vulnerable and least protected people, perpetuating a vicious cycle of poverty and dependency. Women, low-skilled migrant workers, children, indigenous…

— Wagner Moura

Globalization and free trade do spur economic growth, and they lead to lower prices on many goods.

— Robert Reich