Do Trade Unions Really Know Better - 1599 Words

Do Trade Unions Really Know Better? (no. of words in essay) 559070 May 21, 2014 1 1 Introduction According to the Univeristy and College Factsheet 01, trade unions are organizations that represents people at work. Trade unions aim to protect their members, increase their members pay and improve their members working conditions. In South Africa, trade unions play an inevitable role in the countrys economy. Since their existence, trade unions have been actively responding to the scal policies of government. Trade unions havent always seen eye-to-eye with the manner in which the government has drawn up the national budget. Furthermore, unions believe that their proposals for the budget will stimulate economic growth and enhance job creation. This essay aims to nd out how credible the above-mentioned beliefs on the unions proposals are. How I intend to go about this is to review the 2013/2014 submission from a major trade union in South Africa, COSATU. I will also provide a critical analysis (i.e. state the pros and cons) of each of its proposals. Lastly, I will determine whether or not this trade unions proposals on the national budget reinforce economic growth and economic inclusion. 2 2 Review Of COSATUs Statement On The 2013/2014 BuFor almost two decades now, COSATU has continuously raised its concern that the scal and monetary policies adopted in this country have been in- appropriate, considering our very high levels of unemployment, inequalities and poverty.Show MoreRelatedModernization Reform Aid Programs : A Stronger Powerful And Independent Business Sector1459 Words   |  6 PagesStates to trade with them, and in turn strengthening the relationship between the two countries. However, since the Soviet Union collapsed in 1991, Russia has been working hard to build up their private sectors, and though they have come a far way since then, they still have much to do. 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