Summary
We have always known GDP isn't perfect, but we needn't throw the baby out with the bathwater
FRENCH finance minister Christine Lagarde has demanded an extraordinary board meeting of France Telecom. Europe's third- largest telecoms provider, which is partly state-owned, is in the process of slashing 16,000 jobs. This has resulted in the suicide of 23 employees in the past 18 months, according to the firm's own statistics. The latest was last Friday, when a 32-year-old employee threw herself out of a window at her Paris office.See the full content of this document
Extract
Gauging National Happiness Needs a Measured Response
Understandably, the French trade unions are up in arms and have already pressured France Telecom into suspending its reorganisation until October and to increase company medical staff by 10 per cent. In 2007, carmaker Renault suffered a similar string of suicides...
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