Lima, Peru | Wednesday 20 August 2008 16:07 | |
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Usually I dedicate this space to talk about the countless business opportunities and successful stories that motivate us to wager the investment and allow us to dream with starting an entrepreneurial venture of our own. But faced with certain legal initiatives that are threatening with making the work force even less flexible than it is, it is absolutely necessary to ponder upon the messages that our country is sending to the world market as an old and inflexible piece of legislation, can tear down the optimism of potential local and foreign investors – as well as significantly reduce the competitive edge of any industry.
*Translated by Joceline FrankAs usual it is the voice of the organized union and vocal representatives in congress that is heard the loudest.# Jose Penaloza says :
In a country where maybe 50 % of the economy is informal.
The people against flexible working conditions labour hard in securing the best working conditions for a few (maintain the system, the status quo).
At this the great mayority without voice misses out, and these people feeds onto the bitterness of those missing out on progress.
Those against free market and competiveness, in Peru, they win both ways!! Wake up preuvians.
Humble worker, dont forget first somebedy have to invest, then jobs can be created. Dont make it harder for anybody to invest.
Investor, dont forget for you to have cooperative labour force, pay them right, do not abuse of them with sweat shop salaries, that feeds into the propaganda of those agaisnt open markets.
Should be win-win situation.
Is sad to know how the Peruvian congressman are putting more stones on the way, against the investments in our country. That way make more difficult to create new jobs.# Richard Coates says :
Wake up Peruvians!! and look at other countries like Chile, Costa Rica and other Asian countries, and how are changing its economics.
Hi, I read this article with great interest. As I am not an Economist, but would really like to understand the issue better, can you/anyone, please refer me to where I may find concrete examples of "Nevertheless, this clear notion is not present in certain sectors of Congress, who is still pushing to make the labor legislation more and more rigid in order to protect just a few, forgetting that in this manner they create havoc to the private sector who wants to create formal jobs"# says :
Thank You.
Richard Coates
richard-1948@hotmail.com
# Carlos Omran says :
People who judge with the use of statistics
wil be judged by the readers the same way if not totally ignored!
Let the peruvians solve their problems without looking at illed and failed models such as the USA housing market and world policing, etc.
Better yet, let's learn from others mistakes
Calos
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