Career Exploration and Perceived Employability within an Emerging Economy Context

Following four decades of unprecedented economic, social, and cultural change, the United Arab Emirates (UAE) labor market is highly segmented: The native population is almost exclusively employed in the government sector, while the private sector is effectively outsourced to foreigners. This has created an unsustainable situation with growing numbers of young citizens reaching working age and with a public sector that has reached the saturation point. Policymakers repeatedly try to legislate to encourage private‐sector employers to hire citizens. These policies have had limited success. We explored the career attitudes of 2,267 United Arab Emirates citizens prior to their entry into the labor market. Using structural equation modeling, we found that the social contract and resulting expectations toward state employment have strong implications for willingness to work in the private sector. © 2014 Wiley Periodicals, Inc.     

Social responsibility and the future of multinationals: Guidance without rules

While voluntary behavior and social responsibility have so far played a peripheral role in multinational corporations’ global strategies, the author argues that the non-market social responsibility dimension will have to be incorporated systematically in management’s forward planning as a growing factor if the multinationals want to secure their future.     

Fall Siemens: Darf ein profitabler Weltkonzern ostdeutsche Standorte schließen?

Wirtschaftsdienst - Die Ankündigung des Siemens-Konzerns, trotz insgesamt guter Gewinnlage, Arbeitsplätze in strukturschwachen Regionen Ostdeutschlands abzubauen, wurde quer durch das...     

Economics of undersea resources

The open seas have recently become recognized as a major resource on which the world is likely to grow increasingly dependent in the years ahead. With regard to their exploitation questions of efficiency and equity have arisen that are being fought out primarily within the UN Conference on the Law of the Sea the sixth round of which ended last month, once again without any concrete results. Professor Walter explains what is at stake.     

Fiber investment and access under uncertainty: long-term contracts,risk premia,and access options

Journal of Regulatory Economics - Regulated access schemes shape incentives for both investment and entry in next-generation networks. We study in a general duopoly setting whether and how risk...