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Labor in Latin America & the U.S.

east partly in response to the perceived needs of the global corporations. Developing countries have recognized that they must create environments which are conducive to the multinationals, which require a certain amount of stability, educated workers, and increasing productivity, as well as low wages. In addition, the emphasis in NAFTA and other agreements on requirement of basic minimums for worker rights represents an important step at the global level.

The restructuring has begun in Latin America, since the civil wars of the last few decades have at least diminished in intensity. In order to obtain outside funding, economies have been forced to restructure away from largescale social programs and toward fiscally conservative policies. They have also, however, been grudgingly pressured to provide some protections for their citizens and for labor (Rosen and McFadyen, 1995).

Yet the actual situation in Latin America resembles the situation in the early, or preunion days in the U.S. more than the contemp

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Labor in Latin America & the U.S.. (1969, December 31). In LotsofEssays.com. Retrieved 11:28, May 18, 2024, from https://www.lotsofessays.com/viewpaper/1691923.html