The economies of many emerging and frontier markets are dominated by a small group of companies owned by powerful families. Next to state-owned enterprises these companies usually conglomerates are the major employees in a country. Majority ownership of companies by families has both advantages and disadvantages which I will discuss in a future post. Family-owned …
Continue reading ‘The Structure of the Tata Group of India’ »
The total number of American workers in the manufacturing sector has been on the decline for many years now. Though the sector has seen a slight uptick in the past couple of years the long-term trend line is down. However one of the sectors that has been booming in recent years in terms of workers …
Continue reading ‘Number of US Workers in Government vs. Manufacturing: Chart’ »
The average hourly wage for auto workers in Mexico is increasing according to a recent article in the journal. Major automakers expanding or opening factories there are offering higher wages, benefits and incentives to attract workers. The competition among auto makers to attract and retain auto workers is high. Global auto manufacturers flock to Mexico …
Continue reading ‘Average Hourly Rate for Auto Workers in Select Countries’ »
Households in Australia have high debt levels compared to historical figures. According to the latest OECD data available, Australia’s debt-to-net-disposable-income ratio now stands at 206% and is the fifth-highest in the world as shown in the chart below: Click to enlarge Source: Is Australia’s luck running out? by Robin Parbrook, Schroder’s Extended high debt together with over …
Continue reading ‘Australia has the Fifth Highest Debt-to-Disposable Income Globally’ »
Smoking rates have declined by one fourth since 2000, according to a report by the OECD. About 19% of the daily population smoked daily in 2014, the latest year for which data is available. But the rate varies widely across OECD member nations. Click to enlarge Source: OECD The former Soviet republic of Lativa has …