Posts Tagged ‘globalization’

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The Great Minimum Wage Debate: How to Balance Good Intentions and Evidence

Friday, July 14th, 2017

As a whole, they show a range of results, with many showing small to no effects on employment from small wage hikes while others show negative effects among youth and new immigrants.
A further complication is that industries with the highest concentration of minimum wage workers are also the ones with higher potential for automation… no one can predict with confidence the exact effects from Ontario’s aggressive move from $11.60 to $14.00 per hour next January, and then to $15.00 per hour in 2019.

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We can’t afford not to provide a new social safety net

Thursday, July 6th, 2017

… what people need to begin wrapping their heads around is what happens when the labour market is turned on its head by robotics, throwing tens of millions of people out of work in the process. This is not some dystopian fiction… At this point, however, UBI [universal basic income] remains a deep, utopian fantasy to most people, its future bogged down by eye-rolling cynicism and distrust.

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Oh! What a Lovely Trade War

Tuesday, July 4th, 2017

Rapid growth in globalization has hurt some American workers, and an import surge after 2000 disrupted industries and communities… globalization has already happened, and U.S. industries are now embedded in a web of international transactions. So a trade war would disrupt communities the same way that rising trade did in the past… Also, the tariffs now being proposed would boost capital-intensive industries that employ relatively few workers per dollar of sales… [and] further tilt the distribution of income against labor.

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The world is getting way, way better, despite what you hear on the news

Tuesday, July 4th, 2017

Just since 1990, more than 100 million children’s lives have been saved through vaccinations and improved nutrition and medical care. They’re no longer dying of malaria, diarrhea… There has been a stunning decline in extreme poverty, defined as less than about US$2 per person per day, adjusted for inflation. For most of history, probably more than 90 per cent of the world population lived in extreme poverty, plunging to fewer than 10 per cent today.

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Minimum wage hike won’t bring ‘doom and gloom,’ economists say

Tuesday, July 4th, 2017

“Doom-and-gloom predictions” about the impact of minimum wage increases on job losses and inflation are not supported by evidence, according to a group of Canadian economists… some 40 economics experts from across the country claim the move “makes good economic sense” and could generate “substantial benefit to low-wage workers, their families and the economy as a whole.”

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Your name may dictate your apartment, degree, and career

Tuesday, July 4th, 2017

… name-blind screening is not a panacea — unconscious biases can’t be eliminated with one little recruitment remedy, and candidates will eventually be evaluated face to face. But removing a barrier to diversity in the federal civil service is a positive step, even if it is a minor one.

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Canada keeps the populist forces at bay

Monday, July 3rd, 2017

The Canadian public’s level of confidence in its country’s democracy and system of government has remained remarkably stable since 2014, and largely consistent with results dating back to at least 2010. Across more than three dozen measures, public trust levels have either held steady or showed modest improvement in comparison with three years ago.

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Ontario gets it right with move to higher minimum wage

Friday, June 30th, 2017

For over 20 years now, many highly credible studies have found that the disemployment effects of higher minimum wages are generally very close to zero… Substantial recent research in Canada, the United States and Britain also concludes that higher minimum wages succeed in lifting incomes for low-paid workers and reducing wage inequality… recent minimum wage increases are boosting spending power for low-income workers and reducing inequality.

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Improving Canadians’ income mobility is the next big policy challenge

Thursday, June 29th, 2017

We can’t know whether the expansion of digital infrastructure will improve income mobility in rural parts of Canada, or slow the migration of the young to urban hubs… All government can do is try to ensure that every Canadian is as well-educated and as connected as possible…

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Indigenous rights in Canada: Significant work still needed

Thursday, June 8th, 2017

Our Constitution requires governments to consult with Indigenous peoples before taking actions that may affect their rights. However, Canadian courts often state that consultation will typically not require consent, and – fearful of a veto power – government officials frequently argue that consent is not required. International laws also require that consultation be “free,” “prior,” and “fully informed,” and that Indigenous people are able to participate fully in decisions affecting them.

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