Thus, while Britain possesses a highly efficient labour market in which people search for jobs ultra-aggressively because their miserly benefits are dependent on their doing so, unemployment is climbing inexorably towards 3 million.
America may boast highly efficient labour and capital markets, but these advantages are partly offset by poor primary and secondary education, run-down public infrastructure, and inadequate saving that makes the country dependent on foreign capital.
Rich countries are short of highly skilled workers, and many developing economies lack the basic educational infrastructure to produce a more effective labour force.
Small industries evolved because of good transportation, electrification, and a skilled, highly motivated labour force, so that by 1939 the number of industrial employees had doubled.
Mobile tactics, advanced breeding of horses, and detailed training manuals made Mamluk cavalry a highly efficient fighting force.
Germany has a social market economy with a highly skilled labour force, a large capital stock, a low level of corruption, and a high level of innovation.
Further to this, research requires a highly skilled labour force which is a challenge where gross enrollment in tertiary education ranges between 15% in Guatemala and Honduras to 50% in Costa Rica and Panama, and where tertiary completion rates are low [ 17].
At the end of the 80s and beginning of the 90s, several studies regarding the mobility of scientists radically modified the perspective of the loss of a highly skilled labour force.
Small and lightweight, they drive the new, highly efficient high motor force speakers to deliver the acoustic output of heavier conventional speakers.
