Unbalanced Growth and income Distribution
Hirschman stressed his point by saying that if a country were ready to apply the doctrine of unbalanced growth, then it would not be underdeveloped.
Hirschman stressed his point by saying that if a country were ready to apply the doctrine of unbalanced growth, then it would not be underdeveloped.
Growth pole is the concentration of technically advanced industries that stimulate economic development in associated businesses and industries.
Lewis and Rostow both focused on rising per capita income as the central measure of growth; they conceived of economic development as a modernization
Industrial relations define relationships between employers and employees toward each other in terms of supervision, direction, planning and coordination
This is a debate on the basic structure of the development process and on the most important sources of and obstacles to growth within development
There are 2 main dimensions in the context of Industrial Relations, namely internal and external context.
The significance of industrial relations is in the fact that their quality increase the efficiency and hence prosperity, reduced turnover and other tangible benefits to the organization.
Perhaps the main cause or source of poor industrial relations resulting in inefficiency and labour unrest is mental laziness on the part of both management and labour.
There are generally three main actors in the industrial relations,which are directly involved, namely, employees, employer and government or society
The trade unions have a crucial role to play in smooth industrial relations. It is true that the unions have to protect and safeguard the workers’ interests.