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Importance of Diffusion.- Globalization, Telecommunications and Diffusion.- Unemploy¤ment and Innovation in Europe: EU Labor ….- Labor Costs, Unemployment and Innovation: Labor Cost Pressure and¤ Unemployment.- Factors Underlying High Labor Costs … Incentives.- Firm Size, Productivity and Labor Cos¤ts.- Wage Pressure, Innovation, FDI and Unemployment.- Conclusions and Policy …
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De-industrialization, accelerated by the financial crisis, is a long term process. The comparative advantage of emerging economies shifted towards more advanced goods and their growing populations commanded an increasing share in global demand. This shift towards a factory-free economy in high...
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