wage pact - определение. Что такое wage pact
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Что (кто) такое wage pact - определение

ECONOMIC EFFECT THAT REAL INCOME RATIOS BETWEEN HIGH AND LOW INCOME COUNTRIES ARE SYSTEMATICALLY EXAGGERATED BY GDP CONVERSION AT MARKET EXCHANGE RATES
Low-wage economy; Low wage economy; High-wage economy; High wage economy; Low-wage economies

PACT (compiler)         
SERIES OF COMPILERS
PACT-I; PACT I; PACT IA
PACT was a series of compilers for the IBM 701 and IBM 704 scientific computers. Their development was conducted jointly by IBM and a committee of customers starting in 1954.
PACT I         
SERIES OF COMPILERS
PACT-I; PACT I; PACT IA
An early system on the IBM 701. Version PACT IA was for the IBM 704. [Listed in CACM 2(5):16 (May 1959)]. (1994-11-30)
Wage labour         
RELATIONSHIP WHERE A WORKER SELLS LABOUR TO AN EMPLOYER
Wage-labor; Wage labor; Wage-labour; Wage laborer; Paid work; Wage labourer
Wage labour (also wage labor in American English), usually referred to as paid work, paid employment, or paid labour, refers to the socioeconomic relationship between a worker and an employer in which the worker sells their labour power under a formal or informal employment contract.: "All labor contracts were/are designed legally to bind a worker in one way or another to fulfill the labor obligations the worker has undertaken.

Википедия

Penn effect

The Penn effect is the economic finding that real income ratios between high and low income countries are systematically exaggerated by gross domestic product (GDP) conversion at market exchange rates. It is associated with what became the Penn World Table, and it has been a consistent econometric result since at least the 1950s.

The "Balassa–Samuelson effect" is a model cited as the principal cause of the Penn effect by neo-classical economics, as well as being a synonym of “Penn effect”.

Примеры употребления для wage pact
1. Prime Minister Ehud Olmert has praised the wage pact between the state and the main union for elementary school teachers.
2. By Or Kashti Prime Minister Ehud Olmert praised the recent wage pact between the state and the main union for elementary school teachers, as the school year got off to a generally smooth start yesterday.
3. They might have good intentions, but they don‘t even pay enough for three meals a day." In fact, the ambitious plan for the new free–trade zone –– nicknamed Zip Choluteca –– rests on a controversial low–wage pact, made in the spring among the project‘s developers, the Honduran government and national labor unions.