Is Asian labour supremacy an accident of economic history?

Article Abstract:

The cheap-labor advantage offered by Asian markets will cease to exist over the long-run as inflation, interest rates, and unemployment rates in the United States improve. With the higher life expectancy rates around the world, a greater number of people will seek employment in Asia, putting a squeeze on the labor market there. Consequently, in the future, the cost of labor in Asia will rise to a level closer to that of other countries. Also, the cost of labor in the Asian nations will rise as labor unions strengthen their hold.

Economic aspects, Employment, Developing countries, Asia, Labor supply, Labor force, Working class

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A portfolio approach to supplier relationships

Article Abstract:

The use of portfolio models in marketing and purchasing has been limited. In this study, a three-step portfolio model to assist in managing different kinds of supplier relationships is developed. The critique of portfolio models used in strategic planning is discussed in relation to the proposed model, and suggestions for future research are provided. (Reprinted by permission of the publisher.)

Models, Purchasing, Management, Marketing management, Strategic planning (Business), Industrial suppliers

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