This question was closed without grading. Reason: Other
Sep 20, 2015 09:35
8 yrs ago
4 viewers *
Spanish term
economías en desarrollo
Spanish to English
Bus/Financial
Economics
minimum wage
I'm scratching my head here. This sentence doesn't make sense to me - unless I'm missing something. To me, it would make more sense to say 'developed economies'.
En los **países en desarrollo**, caracterizados por los altos niveles de informalidad, las implicaciones de la política del salario mínimo difieren sustancialmente de lo que se puede esperar en **economías en desarrollo**. En particular, porque en las **economías en desarrollo** el salario mínimo es más vinculante , tienden a ser más alto (definido entre un 20 por ciento y 60 por ciento del salario promedio) y afecta a un mayor número de trabajadores (Maloney y Núñez Méndez, 2004).
**Al igual que para los países desarrollados**, los resultados en relación a los efectos sobre el desempleo y la demanda laboral tampoco son del todo concluyentes en los **países menos desarrollados**.
En los **países en desarrollo**, caracterizados por los altos niveles de informalidad, las implicaciones de la política del salario mínimo difieren sustancialmente de lo que se puede esperar en **economías en desarrollo**. En particular, porque en las **economías en desarrollo** el salario mínimo es más vinculante , tienden a ser más alto (definido entre un 20 por ciento y 60 por ciento del salario promedio) y afecta a un mayor número de trabajadores (Maloney y Núñez Méndez, 2004).
**Al igual que para los países desarrollados**, los resultados en relación a los efectos sobre el desempleo y la demanda laboral tampoco son del todo concluyentes en los **países menos desarrollados**.
Proposed translations
(English)
3 | developing economies | neilmac |
4 -1 | developed country/economy | jude dabo |
Proposed translations
9 hrs
developing economies
Lo entiendo como "economías en vías de desarrollo",.
"Es aquélla que acusa graves problemas estructurales, presenta severas limitaciones para encauzar estrategias de desarrollo dinámico y una inserción sólida en la economía internacional...."
Perhaps the author got his wires crossed?
"Es aquélla que acusa graves problemas estructurales, presenta severas limitaciones para encauzar estrategias de desarrollo dinámico y una inserción sólida en la economía internacional...."
Perhaps the author got his wires crossed?
Note from asker:
Hi Neil, I was looking for an answer that would fit the context. This doesn't make sense - unless your point is that the author made a mistake. |
-1
1 day 45 mins
developed country/economy
economically developed countries
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Note added at 3 días9 horas (2015-09-23 19:27:38 GMT)
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@ liza mccarthy:
A developed country, industrialized country, or "more economically developed country" (MEDC), is a sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic development are gross domestic product (GDP), gross national product (GNP), the per capita income, level of industrialization, amount of widespread infrastructure and general standard of living.[1] Which criteria are to be used and which countries can be classified as being developed are subjects of debate.
Developed countries have post-industrial economies, meaning the service sector provides more wealth than the industrial sector. They are contrasted with developing countries, which are in the process of industrialization, or undeveloped countries, which are pre-industrial and almost entirely agrarian. According to the International Monetary Fund, advanced economies comprise 65.8% of global nominal GDP and 52.1% of global GDP (PPP) in 2010.[2] In 2015, the ten largest advanced economies by nominal GDP were the United States, Japan, Germany, France, the United Kingdom, Italy, Canada, South Korea, Australia and Spain. By PPP GDP, they were the United States, Japan, Germany, the United Kingdom, France, Italy, South Korea, Canada, Spain and Australia.[3]
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Note added at 3 días9 horas (2015-09-23 19:27:38 GMT)
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@ liza mccarthy:
A developed country, industrialized country, or "more economically developed country" (MEDC), is a sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic development are gross domestic product (GDP), gross national product (GNP), the per capita income, level of industrialization, amount of widespread infrastructure and general standard of living.[1] Which criteria are to be used and which countries can be classified as being developed are subjects of debate.
Developed countries have post-industrial economies, meaning the service sector provides more wealth than the industrial sector. They are contrasted with developing countries, which are in the process of industrialization, or undeveloped countries, which are pre-industrial and almost entirely agrarian. According to the International Monetary Fund, advanced economies comprise 65.8% of global nominal GDP and 52.1% of global GDP (PPP) in 2010.[2] In 2015, the ten largest advanced economies by nominal GDP were the United States, Japan, Germany, France, the United Kingdom, Italy, Canada, South Korea, Australia and Spain. By PPP GDP, they were the United States, Japan, Germany, the United Kingdom, France, Italy, South Korea, Canada, Spain and Australia.[3]
Peer comment(s):
disagree |
Lisa McCarthy
: "en desarrollo" means 'developing'. If it were 'developed', it would read 'desarrollado'. // There is no 'maybe' - IT DOES NOT mean'developed/industrialized' in Spanish.// I pity your clients then.
2 days 8 hrs
|
No way Lisa.Maybe in spanish. En desarrollo means developed and industralized!Thats your problem dear.In english i will sure use developed economy/industralized country
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Discussion
a shoe salesman Peru vs. US (talking about formal work only)
Peru: Salary, 13-month pay, access to socialized medicine, paid vacations, paid holidays.
US: hourly wage, paid only for hours worked, no health insurance (this is a benefit-private health insurance- provided through work if the company choses to do so), no paid vacations, no paid holidays. Could this be what the author is talking about?
I must admit, though, that I'm not much the wiser after skimming it. It focuses on Colombia, and it does say that minimum wages there seem high and very binding. And clearly Colombia is an LDC (their term), not an advanced economy. But the same is not true of all Latin American LDCs.
Good luck :)
:-)