Critique on the "the Great Mismatch"
Essay by Woxman • December 8, 2011 • Essay • 319 Words (2 Pages) • 1,589 Views
Critique on the "The great mismatch"
The great mismatch written by Matthew Bishop, as the title implies, reveals the fact that the world now is confronted with an enlarging mismatch between the high-rate unemployment and a short supply of talented workers. From my point of view, the author clearly illustrates the current situation and the underlying reason for this above-mentioned gap but may still neglect certain facts.
To explain this issue orderly, the author first presents us with a gloomy picture of the American climbing unemployment since the 2009 as well as the shockingly high jobless rate attributed to the weakening economies of euro zone. In the meanwhile, the famine of job can also be witnessed in the market of developing countries such as India, China, whose concern, in terms of unemployment, is basically concentrated on the lack of decent jobs for young generation and graduates, hereby posing a threat to the domestic social tension. Obviously, in this case, the author mainly divides the countries concerned into two categories according to the economic development, say, the developed and developing countries. However, from the perspective of the methods to tackle the high rate unemployment within a country, on no account should we lose the sight of one country's specific condition besides its economy itself. That is to say, the problem cannot be solved simply according to a stereotyped economic standard. In fact, even in the so-called developed countries, the situation varies from one to another. For instance, if the U.S. unemployment is indeed mainly because of its recent financial crisis, then, the large number of unemployed population in France should also be a consequence of their culture which values leisure, free lifestyle rather than being restricted in a position in certain company. Therefore, the universal strategies such as structural reforms proposed by the author may not work in countries like France as it cannot guarantee success in every country. Therefore, one country
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