I often wonder about the short term impact of efforts to drive employment conditions and pay of these jobs to more 'western' standards. What happens when a factory is built on the edge of a small town and the starting salary and working conditions are better than 75% of the jobs in the region?
I'm sure there's a 'rising tide raises all ships' element and the long term effects would have to be beneficial. But in the short term i wonder if there's a labor drain/golden handcuffs effect.
I'm sure there's a 'rising tide raises all ships' element and the long term effects would have to be beneficial. But in the short term i wonder if there's a labor drain/golden handcuffs effect.