unemployment insurance policy and practical solutions

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Gross national income divided by the number of people in the population. It's called the natural rate of unemployment. (1) To understand it, we should review the early Keynesian goal of reaching "full employment." "Full employment" does not mean 100 percent employment. Even with Japan, Hong Kong, and Singapore, however, we notice much greater prosperity for the citizens than in countries without savings, production, or exports -- i.e. where there has been spending (especially from "foreign aid") but no capital formation.

Pages: 0

Publisher: China Labor and Social Security Publishing House (1991)

ISBN: 7504552062

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