what does the race to the bottom mean in relation to the global economy
Race to the bottom The race to the bottom is a socio-economic phrase which is used to describe government deregulation of the business environment or taxes in order to attract or retain economic activity in their jurisdictions. An outcome of globalization and free trade, the phenomenon may occur when competition increases between geographic areas over a particular sector of trade and production.[1]
Ä Ä (lower case ä) is a character that represents either a letter from several extended Latin alphabets, or the letter A with an umlaut mark or diaeresis.
Dividend yield Its reciprocal is the Price/Dividend ratio.
Stockholm Water Prize 2006: Professor Asit K. Biswas, The Third World Center for Water Management