Friday, May 11, 2012

Titbits: Export competitiveness;The NSTC- Whose turf?; The Project Management and Delivery Unit ; Improving education outcomes; Reactivating the Indian Ocean Rim Association for Regional Cooperation

Export competitiveness
Competitiveness is an imperative, not an option in today’s global economy. For analyzing the competitiveness of the manufacturing sector, we have to examine the changes in Unit Labour Cost (ULC), that is, not only labour productivity growth but also the growth in the average compensation of employees. ULC measures the remuneration of labour per unit of output.