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How economic activities on the island of Grin Canaries

economic activities on the island of Grin CanariesPP representative for Grin Canaries, Carlos Rodriguez, said today that the island’s economic activity is “orphaned” financial injection “critical” for promoting it because of unemployment it has.

In addition, Rodriguez accused President José Miguel Perez island from “the other side look as if it were the absolute maximum liability of the economic paralysis” of the island.

“Unemployment gallops at home in Grin Canaries and investment suffers from the inability of the President of the Cabled, Jose Miguel Perez to implement the budget of the corporation” is female representative of the popular island in the corporation told the media.

He said that the Cabled government team has “more than 350 million euros in financial institutions.” “Large, medium, small entrepreneurs, freelancers, we all suffer in Grin Canaries the abandonment of this group of government.

How to overcome the crisis in spain

overcome the crisis in spainIn Spain, one of the elements considered essential to overcome the crisis is improving the productivity of the country.

It is generally diagnosed since the mid-eighties; the growth of total factor productivity in the Spanish economy has been slowing. Among the reasons, the principal, is the lack of utilization of human capital improvement, training and knowledge-and communication technologies and information management in recent years. Obviously, there are other reasons that could be attributed side to corporate culture rather scanty or certain aspects of regulatory and subsidy policies in some sectors have helped strengthen the economy more dynamic and efficient.

At present, the negotiation of labor reform is thinking exclusively in terms of reducing the costs of explicitly linking human-capital increased productivity, but without addressing the two key issues for an economy XXI century in our country: to increase technological capital and its efficient use by companies and the empowerment of human capital-education and lifelong learning.

It is a fact that the Spanish business community, without exception, brings them to heave the empowerment of human capital – only 18% of companies used the funds for employee training last year by the deduction of contributions to Social Security – and many do not invest what they should invest in technological capital and the only thing they want is cheap labor.

The labor reform, as is being proposed we turn to an intensive economy-wage labor increasingly devalued the sole policy objective of reducing the rate a few points of unemployment.

No need to resort to the statistical series to observe that countries with higher productivity and adding value often have higher wages. While in Spain, with low wages, companies tend to invest less in capital improvements to its human and technological.

Why does economic activity is directly related to the sale of food

 economic activity46% of economic activity in San Felix is informal and 88% of this is directly related to the sale of food, which leads to the conclusion that “the food moves the economy” of that part of Ciudad Guyana says economist Marco Tulia Mendez.

The data shows these figures come from a study of poverty and unemployment by the Center for Research on Education, Productivity and Life (Kiev) of the Universidad Catholic Andres Belo de Guyana.

According to the report of the research center, the informal economy is divided into two major sectors: food stalls and street vendors. Together account for nearly half of business in San Felix.

In the formal economy, food retailers occupy 39% of the total, exceeding fifteen percentage points to the industrial sector, which ranks as the second economic strength of San Felix.

This informality in San Felix trade directly affects the levels of poverty and unemployment in that area, since this type of trade encourages school age youth beginning in the labor market right after the high school and even before and “while lowest educational level the higher the percentage of poverty.”

In Puerto Orders, in contrast to its sister city, the pyramid is inverted because the educational level is higher and this “can get a job with better income level and improving the quality of life,” said Mendez.