In Japan and some other Asian nations, if the husband only is functioning then it is the norm for the complete salary to go into the wife’s bank account with the husband have no access at all. All payments, rent, mortgage, bills, vehicle and so on.. will be deducted from the wife’s account and she we give the husband a weekly allowance, for lunch and so on. If the husband is to get something outdoors this allowance then he will require to ask his wife for much more income and she will only oblige based on the family’s finance status.
The study highlights that, regardless of great market place conditions in the financial markets, not all businesses benefit from these conditions in the same way. Several dynamic innovators and analysis-driven newcomers find it challenging to raise development capital to create and scale-up their companies. Investment in innovation in Europe nevertheless lags far behind that of the US and Japan.
The covert anthropologist going into the halls of Goldman Sachs finds themselves in an exciting circumstance. The crucial feature of banking environments is not necessarily that everybody there is born an ‘elite’ of society-in fact there is a great diversity of individuals from various backgrounds involved in finance-but rather that the roles accessible are structurally elite positions that hover above the rest of the economy. It does not really matter who in distinct fills those positions, but whoever ends up there finds themselves in the footwear of an elite, channelling elite …Read More