On European Globalization
The European Union expanded almost a year ago to include the Baltic Countries among others. What changes have we seen as a result from the merger?
The European Union is currently the largest, most powerful Regional Organization in Existence known to man with an astounding GDP of 10 million million (or thousand billion) Euro, with an 22,300 Euro GDP per capita - Although the new participants are lagging behind with a GDP per capita closer to 10 thousand Euro than 15 thousand.
All European Citizens, as all citizens of EU member states have the right of free movement inside the union, in theory. In practise the grace period from the older countries has stopped the free movement of people as in workers, but since there is a loophole - it is legal to use foreign labor through work force rental companies, the elder member states are just doing harm to themselves by losing tax Euros from not having these people paying taxes where they are working in.
This will probably mean that in the near future, these limitations will have to be removed and true freedom of movement will come forth to create a more competitive and flexible workforce. I just hope that not only low-GDP countries' citizens leave to the higher-GDP countries, but the professionals move against the grain to the opposite direction to increase the GDP of the lower-GDP countries, since we can logically draw that when people who will work for lower wages go to a country with high wages, the GDP will respectively fall.
So how can we benefit from the coming change? Start up two-way recruitment companies? Start up companies that enable the higher infrastructure by using older technology from the higher-GDP countries who already have a very knowledgeable, saturated workforce readily available and with a large over 5% unemployment rate on average there should be need for people to move.
I as for one will be here in the "frontier" pioneering further the expansion and paving the way for my "more european" colleagues arriving in the Baltics, what will you do?
np: Weapon of Vanity from the album "Stabbing the Drama " by Soilwork
The European Union is currently the largest, most powerful Regional Organization in Existence known to man with an astounding GDP of 10 million million (or thousand billion) Euro, with an 22,300 Euro GDP per capita - Although the new participants are lagging behind with a GDP per capita closer to 10 thousand Euro than 15 thousand.
All European Citizens, as all citizens of EU member states have the right of free movement inside the union, in theory. In practise the grace period from the older countries has stopped the free movement of people as in workers, but since there is a loophole - it is legal to use foreign labor through work force rental companies, the elder member states are just doing harm to themselves by losing tax Euros from not having these people paying taxes where they are working in.
This will probably mean that in the near future, these limitations will have to be removed and true freedom of movement will come forth to create a more competitive and flexible workforce. I just hope that not only low-GDP countries' citizens leave to the higher-GDP countries, but the professionals move against the grain to the opposite direction to increase the GDP of the lower-GDP countries, since we can logically draw that when people who will work for lower wages go to a country with high wages, the GDP will respectively fall.
So how can we benefit from the coming change? Start up two-way recruitment companies? Start up companies that enable the higher infrastructure by using older technology from the higher-GDP countries who already have a very knowledgeable, saturated workforce readily available and with a large over 5% unemployment rate on average there should be need for people to move.
I as for one will be here in the "frontier" pioneering further the expansion and paving the way for my "more european" colleagues arriving in the Baltics, what will you do?
np: Weapon of Vanity from the album "Stabbing the Drama " by Soilwork
posted by Unknown at 1:42 pm
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