Analysis of Indonesia’s Attractiveness as an Offshoring Destination Compared to China, India, and ASEAN Countries

The research study addressed the problem of Indonesia’s potential economic growth and the country’s attractiveness as an offshoring destination. As a developing country and the fourth most populous country in the world, the future of Indonesia’s economy is bright. However, Indonesia is still not as famous as India nor China as an offshoring destination. First, the researcher wanted to understand the situation of Indonesia’s economy and what can be improved to be an attractive offshoring destination. Then, this research was using A.T. Kearney location criteria index and Farrell framework that were adopted in previous studies about the topic. The data gathered from secondary and primary sources were analyzed with the content analysis method. Result shows that Indonesia needs to ensure attractiveness and an increase in wage demand needs to be supported with the increase in the availability of more educated and government’s effort in accelerating the infrastructure development, although corruption, unstable politics, and diminishing purchasing power still produce doubts to do business in Indonesia.

The Living Wage: An Economic Geography Based Explanation for a Policy for Equality

This article examines the theoretical underpinning of living wage campaigns. The article uses evidence, derived from the UK Quarterly Labour Force Survey from 2005 to 2008, to examine the extent to which a living wage will address low pay within the labour force. We highlight the greater incidence of low pay within the private sector and then focus upon the public sector where the living wage demand has had most impact. The article builds upon the results from the Quarterly Labour Force Survey with analysis of the British Household Panel Survey in 2007 in order to examine the impact that the introduction of a living wage, within the public sector, would have in reducing household inequality.

The ‘Family Wage’ as a Class-Rational Strategy

This paper re-examines the debate about the class rationality of the working-class demand for a family wage and argues that this issue cannot be resolved without considering the feasibility of alternative strategies. Existing accounts are criticized for their unrealistic treatment of these alternatives and the constraints upon them and particularly for their neglect of the influence of the policies of employers and the state upon working-class strategies. The argument is supported by discussion of the economic and political context of the family wage demand in Britain up to the First World War and concludes that the strategy was more rational than many writers have suggested.

Organization for European Economic Cooperation: European Payments Union

The European Payments Union (EPU) was prolonged for a seventh year from July 1, 1956, without any alterations in the rules under which it had operated since August 1, 1955. The sixth annual report of EPU retraced the economic and financial developments in member countries during the fiscal year 1955–1956. It pointed out that economic activity had continued to expand, but in many countries demand had showed signs of growing rather faster than output, so that some inflationary pressures were felt in the form of rising prices and wages and of some weakening of individual balances of payments. The strongest advances in industrial output had occurred in France, with increases in west Germany, Italy, Belgium and the Netherlands being next in importance; there had been no growth in the United Kingdom. Most countries had witnessed a gradual exhaustion of spare productive capacity and very full employment, with man-power shortages in certain specific sectors. A significant development in most countries had been the increase in fixed capital formation. In France and the United Kingdom especially, one main reason for it had been the fact that full use of industrial capacity had already been approached and labor shortages were appearing. The rise in investment expenditure, in conjunction with a continued increase of consumer expenditure, particularly on durable goods, had added to inflationary pressures. In a number of countries wage demand had seemed in excess of the probable rise in productivity; and in several countries wage increases had been granted. Between the second quarter of 1955 and the second quarter of 1956, prices had risen in most countries by 4–6 percent, and by even more in Iceland and Turkey.