The countries of Europe can only compete with the goods, services and employees of the Third World and emerging economies if our wage rates fall to their level – and do not think innovations in capital and techniques will save us.
The countries of Europe can only compete with the goods, services and employees of the Third World and emerging economies if our wage rates fall to their level – and do not think innovations in capital and techniques will save us.
Os países da Europa apenas poderão competir com os bens, serviços e trabalhadores do Terceiro Mundo e das economias emergentes se os nossos níveis salariais diminuírem e se equipararem aos destes países – e não se pense que as inovações no capital e em tecnologia nos vão salvar.