| 词汇 | race-to-the-bottom |
| 释义 | race to the bottom noun[ S ] disapprovingukus a situation in which companies compete with each other to reduce costs by paying the lowest wages or giving workers the worst conditions: They wanted to stop a "race to the bottom" of auto companies outsourcing work to non-union workers and moving operations overseas. Examples of race to the bottomrace to the bottom However, assumed in the racetothebottom argument is that greater labor and environmental regulation yield greater benefits, and are inherently good, contentious points. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. They sometimes referred to these practices as the regulatory racetothebottom. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The racetothebottom becomes a vicious circle with states competing to deregulate even further resulting in major human rights problems. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Common minimum standards prevent a racetothebottom where every country tries to deregulate to attract business, and, theoretically, all end up losing. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This is known as the racetothebottom. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. It's a racetothebottom where nobody wins except film producers. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Previously, banks and thrifts could only have five percent of their deposits be brokered deposits; the racetothebottom caused this limit to be lifted. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. International foreign investment in developing countries could lead to a racetothebottom as countries lower their environmental and resource protection laws to attract foreign capital. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. They determined that regulation of all lenders is necessary to prevent a racetothebottom and to ensure that rogue lenders do not profit more than the responsible. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. In theory, globally harmonized regulations regarding wages, the environment, safety, human rights, and other areas of economic control, would also prevent a racetothebottom. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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