What Is a Policy Cycle? First, what is a policy? We know that a policy and procedure are two distinct entities. According to the dictionary, policy is a âdefinite course or method of action selected from alternatives and in light of given conditions to guide and determine present and future decisionsâ.
Steel and metal industry. 1  The German steel and metal industry includes the steel, non-ferrous metals, foundry and steel and metal working industries. 2  As a result of its innovative capabilities and high-quality products, the German steel industry has established itself as a leading producer in the European Union.
More than one million jobs were lost in the steel industry in OECD nations during this fifteen year period. In up to 90 percent of the cases, said the ILO, the basic explanation for the reduction in employment is therefore not changes in the level of output but improvement in productivity.