Saturday 10 March 2012

This is Globalisation in South Africa
The more the level of labour workforce increase is the more salaries and wages fall down to the level of most desperate, in which this result to urbanisation because people are working hard for less money  that cannot even satisfy the basic needs of people. People move from their cities and leave their families behind and look for a better workforce in developed countries to improve their standard of living. 
Employment in manufacturing had remained steady or declined while productivity continued to grow and it now results to global recession, both employment and productivity are declining. Economies of countries engage well with the international economy that has consistently grown much faster than those countries that are trying to manage their economies and investments alone.
At the global level new economic and political forces challenge former patterns of international domination. Less incomes and low standard of living result in low level of service delivery and material infrastructure such as transport and RDP houses in which people need them the most for their survival.

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