Huchang Liao, Ruxue Ren, Jurgita Antucheviciene, Jonas Šaparauskas, Abdullah Al-Barakati
The constriction of global resources and the sustained growth of population bring resources pressure to society. At the same time, the problem of environmental pollution and ecological imbalance cannot be ignored. In 2008, the United Nations Environment Programme launched the “Green Economy” initiative to integrate the concept of green and sustainable development into economic development. In this context, resource conservation, environmental protection and sustainable development are the best choices in this era. The construction industry is the pillar industry of Chinese economy. It is important for the construction industry to implement sustainable development. Faced with the pressure of resources and higher environmental requirements, green supply chain is an important means to enhance the environmental friendliness of construction industry and realize the rapid development of enterprises (Beamon, 1999; Ansari & Kant, 2017).
Lucie Meixnerová, Michal Krajňák
The minimum wage institute was established at the turn of the 19th and 20th century in the Anglo-Saxon countries. Its purpose was to ensure the protection of the workforce. The minimum wage ensures that the labour market wage cannot fall below the determined level, which takes the form in accordance with the economic and
political conditions of the country concerned (Dube et al., 2010). The determined level of the minimum wage results either from the tripartite act, which is made up of representatives of government, employers and trade unions or is enacted in relation to a percentage of the average wage level. Lopresti and Mumford (2016) mention that setting a minimum wage is a very complex problem, as its value is related to the price of labour that affects employers’ competitiveness. The minimum wage affects not only the part of the employer but also the employee, as employees want to receive fair remuneration for their work that will ensure them the required standard of living.
Patrick O. Eke, Kehinde A Adetiloye, Esther O Adegbite
The debate on development of the bond market as major channel of industrial finance is gaining traction in many African economies. The secondary arm of the market, aside from the liquidity window it provides for investors in the primary market, additionally creates information linkage by fostering capital formation for prospective investors and producers that require capital to meet their investment opportunities, assisting in the allocation and operational efficiency of the capital market. Except if the market remains thin, overtime, liquidity in the market becomes more visible in the economy’s financial architecture, as it ignites market dynamism in the financial services linkage with other sectors of the economy. Liquidity is a pre-requisite to deepening the bond market, conditioned on information availability to ease asset valuation. The rapidity and randomness of information is what actually distinguishes capital market functionality and efficiency (Wijst, 2013).
Gabriela Trnková, Zdeňka Žáková Kroupová
The evaluation of the competitiveness of different agriculture sectors has, traditionally, been based on the measurement of technical efficiency. We focus on the dairy sector because the EU dairy sector is one of the pivotal agricultural sectors in the EU. The dairy sector currently faces several challenges arising from growing EU and global demand, price volatility, fodder crisis as a result of climate change and the fact that dairy farms are highly specialized, which on the one hand may be an advantage, on the other hand a threat due to higher vulnerability to income shocks. Milk production is carried out on mixed farms or specialized farms. In 2012, the share of the sector covered by specialized farms in the FADN, on which this analysis is based, is more than 80% in the EU-15 (EU members until the 2004 enlargement) and around 50% in the other member states. There are big differences in coverage among EU countries: only 17% of milk production in Slovakia and 19% in the Czech Republic, but full production in Ireland and Finland.
Pavla Jindrová, Viera Labudová
The World Health Organisation (WHO, 1946) defines health as ‘a state of complete physical, mental and social well-being and not merely the absence of disease or infirmity’. Good health is not only of value to the individual as a major determinant of quality of life, well-being and social participation, but it also contributes to general social and economic growth. Good health is a key aspect of people’s well-being and enhances opportunities to participate in the labour market and to benefit from economic and employment growth. People with poor physical or mental health are less likely to work and more likely to be unemployed than people in better health. The relationship also works the other way around: people with higher level of education and higher income tend to be in better health and live longer than those with lower level of education and income (OECD, 2015).