World of Work

1. global economy

1.1. raising of credits

1.2. raising of credits

1.3. cut restrictive laws, deregulation

1.4. emerging markets

1.5. high-growth economies

2. employment

2.1. low-skilled, low-paid

2.2. work forces shrink

2.3. work forces shrink

2.4. shortage of highly-skilled workers

2.5. disregard of labor laws

3. aims

3.1. infinite growth

3.2. wealth for everyone (governments)

3.3. reduce costs

3.4. investing in research and development

3.5. raise the productivity maximize profits

4. problems

4.1. corruption

4.2. exploitation

4.3. disregard labor law

4.4. digitalisation causing problems for older people

5. global players

5.1. multinational companies

5.2. manufactoring industries shrink —>unemployment

5.3. service sector —> growth —>low-skilled, low-paid