How the country's policies influence its productivity growth

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AvgrfuN

Economics

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This is the entire team assignment. China is the country we decided on. My part is the second line I need approximately 300 words and at least one reference for this part:

•How the country's policies influence its productivity growth


Scenario: The organization's strategic plan calls for an aggressive growth plan, requiring investment in facilities and equipment, growth in productivity, and labor over the next five years. It is your team's task to determine where, outside the United States, your organization should locate its new manufacturing plant.

Write a 1,050-word report recommending an off-shore country and support your choice with the following data:
•The factors determining the country's productivity
•How the country's policies influence its productivity growth
•How the country's financial system is related to key macroeconomic variables
•How your organization can reduce the risk they would face in relocating
•The current and projected unemployment over the next five years

Cite a minimum of three peer-reviewed sources not including your textbook.

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Explanation & Answer

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Policies Encouraging Production in China
For a company to grow, it requires to tremendous growth in production, quality, and
delivery of goods and services. Examples of policies such as minimum wages, unemployment
benefits, and labor market have a direct impact on the productivity of a company. Such policies
motivate employees to invest in their skills and work hard to maintain their jobs. There are
policies that also affect the productivi...


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