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In the end, the availability of skilled labor, tax incentives, government support and Singapore's investment environment clinched the deal, Mr. Andersen said from Norway.
Correcting the imbalance and using that pool of talent would bring significant economic benefits as the population ages, birthrates fall, and the availability of skilled labor declines, it said.
Human capital as referring to the level of education, health conditions and availability of skilled labor was repeatedly mentioned as an important factor that shape the resilience of households and communities to disaster-induced shocks in the literature (Adger, 2000; Mayunga, 2007).
The major constraint facing domestic economic expansion is not availability of capital or tax treatment of corporate profits, but tight labor markets and availability of skilled labor.
The availability and cost of skilled labor, government regulations and social factors all play a role.
Delhi's large consumer market and the availability of skilled labour has attracted foreign investment.
Specifically, the skill premium may widen if the relative supply of skilled labor falls.
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MA of Applied Linguistic, Maquarie University, Australia