Labour Supply Chain Policy Strategy

Introduction

The labour supply chain is heavily influenced by the education system and strategy of a country. Developed countries generally have more robust educational systems compared to developing and least developed countries. As a result, developed countries invest heavily in low-income countries to shape their education systems to align with their own national purposes and economic development goals.

Summary

A significant portion of educated, professional employees, and talented individuals from developing and least developed countries end up working for developed countries' corporations and government development initiatives. Approximately 80% of their work is dedicated to these external entities, while only 10% is directed towards their national governments and community leaders. The remaining 10% is dedicated to their families or future endeavours.

POLICY STRATEGY

1. Education Policy - 

Education Trading Methods: 

Implement an increased tariff rate for students studying in foreign educational institutions. This approach, known as education trading methods, aims to encourage students to pursue higher education within their own countries.

2. Labour Policy - 

Equal Rate of Inbound and Outbound Professionals:

Establish an equal rate of inbound and outbound professionals between developed and developing/least developed countries. This policy seeks to balance the flow of skilled workers between countries.

3. Investment Policy - 

Education and Labour Policy Investments:

 Create investment opportunities that support both education policy and labour policy initiatives. This step involves allocating funds and resources to enhance the quality of education and promote fair labour practices.

4. Economy Policy - 

Equal Opportunities for All: 

Develop an economic policy that creates equal opportunities for corporations, industries, governments, and professionals worldwide. This policy aims to foster a global environment that encourages economic growth and prosperity for all stakeholders.

Conclusion

The ultimate goal is to achieve a unified global community where opportunities are equally accessible to all, regardless of their geographical location. By implementing these policy strategies, we can work towards a world where every country and every individual has the chance to thrive and contribute to the betterment of society.

One country!! One World!!