Globalization Labor Markets And Inequality In India

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Globalization, Labor Markets and Inequality in India

Author : Dipak Mazumdar,Sandip Sarkar
Publisher : IDRC
Page : 380 pages
File Size : 52,7 Mb
Release : 2008
Category : Business & Economics
ISBN : 9780415436113

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Globalization, Labor Markets and Inequality in India by Dipak Mazumdar,Sandip Sarkar Pdf

India's increased exposure to world markets and relaxation of domestic controls has given a spurt to the GDP growth rate, but its impact on poverty, inequality and employment have been controversial. This book examines these aspects of the post-reform scene, discerning the changes in trends which the new developments have created.

Globalization, Labour Markets and Inequality in India

Author : Dipak Mazumdar,Sandip Sarkar
Publisher : Routledge
Page : 380 pages
File Size : 46,9 Mb
Release : 2020-11-25
Category : Business & Economics
ISBN : 9781000115697

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Globalization, Labour Markets and Inequality in India by Dipak Mazumdar,Sandip Sarkar Pdf

India started on a program of reforms, both in its external and internal aspects, sometime in the mid-eighties and going on into the nineties. While the increased exposure to world markets (‘globalization’) and relaxation of domestic controls has undoubtedly given a spurt to the GDP growth rate, its impact on poverty, inequality and employment have been controversial. This book examines in detail these aspects of post-reform India and discerns the changes and trends which these new developments have created. Providing an original analysis of unit-level data available from the quinquennial National Sample Surveys, the Annual Surveys of Industries and other basic data sources, the authors analyse and compare the results with other pieces of work in the literature. As well as describing the overall situation for India, the book highlights regional differences, and looks at the major industrial sectors such as agriculture, manufacturing and tertiary services. The important topic of labor market institutions - both for the formal or organized and the unorganized sectors - is considered and the possible adverse effect on employment growth of the regulatory labor framework is examined carefully. Since any reform of this framework must go hand in hand with better state intervention in the informal sector to have any chance of acceptance politically, some of the major initiatives in this area are critically explored. Overall, this book will be of great interest to development economists, labour economists and specialists in South Asian Studies.

Globalization, Labour Market Institutions, Processes and Policies in India

Author : K.R. Shyam Sundar
Publisher : Springer
Page : 594 pages
File Size : 52,8 Mb
Release : 2019-05-14
Category : Business & Economics
ISBN : 9789811371110

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Globalization, Labour Market Institutions, Processes and Policies in India by K.R. Shyam Sundar Pdf

This book explores the effects of product market and labour market reforms on firms, labour institutions and labour rights in the economic and industrial relations system in India. India has over the years liberalized its economy through a broad range of reforms concerning the product market and complementing these it has also sought to reform the labour market and the industrial relations system. The book assesses the impact of these reforms on both the formal and informal labour markets in India, critically examines the labour processes and uncovers/describes precarious conditions of labour in various industries and occupations, and analyzes the dynamics involved in the making of industrial, employment and labour policies in contemporary India.

India Labour and Employment Report, 2014

Author : Institute for Human Development (New Delhi, India)
Publisher : Unknown
Page : 0 pages
File Size : 51,5 Mb
Release : 2014
Category : Economic development
ISBN : 9332701202

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India Labour and Employment Report, 2014 by Institute for Human Development (New Delhi, India) Pdf

This report is the first of a series of biennial publications by the Institute for Human Development and the Indian Society of Labour Economics. It provides an overview of the labor market and employment outcomes that the Indian economy has delivered as it globalized. Rapid economic growth in India over the last quarter century has reduced extreme poverty and modestly improved the quality of life of a large segment of the population. However, large employment deficits remain: most jobs created are of poor quality and low productivity in the informal economy. Further, the gains from growth have been distributed unevenly. Growing inequalities and vulnerabilities have generated widespread insecurity of livelihoods and highlighted weaknesses in prevailing social protection systems. This report concludes that structural changes are slow and difficult, and the potential for equitable growth remains unrealized, hampered by policy inertia, resistance from social and economic interests and rigidities of existing systems and perspectives. The report assesses the gains and losses for labor in the first round of globalization and reveals many markers of progress as well as deep challenges. Effective, responsive, fair, and comprehensive labor and employment policy is vital for sustainable and inclusive development: this is the central message of this report.

Globalization and Poverty

Author : Ann Harrison
Publisher : University of Chicago Press
Page : 675 pages
File Size : 40,7 Mb
Release : 2007-11-01
Category : Business & Economics
ISBN : 9780226318004

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Globalization and Poverty by Ann Harrison Pdf

Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.

Growth, Inequality, and Globalization

Author : Philippe Aghion,Jeffrey G. Williamson
Publisher : Cambridge University Press
Page : 220 pages
File Size : 54,7 Mb
Release : 1998
Category : Business & Economics
ISBN : 0521659108

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Growth, Inequality, and Globalization by Philippe Aghion,Jeffrey G. Williamson Pdf

Two of the world's leading economists discuss fundamental issues of inequality and economic growth.

Globalization and Its Discontents

Author : Joseph E. Stiglitz
Publisher : W. W. Norton & Company
Page : 304 pages
File Size : 40,9 Mb
Release : 2003-04-17
Category : Business & Economics
ISBN : 9780393071078

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Globalization and Its Discontents by Joseph E. Stiglitz Pdf

This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics. When it was first published, this national bestseller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank. Particularly concerned with the plight of the developing nations, he became increasingly disillusioned as he saw the International Monetary Fund and other major institutions put the interests of Wall Street and the financial community ahead of the poorer nations. Those seeking to understand why globalization has engendered the hostility of protesters in Seattle and Genoa will find the reasons here. While this book includes no simple formula on how to make globalization work, Stiglitz provides a reform agenda that will provoke debate for years to come. Rarely do we get such an insider's analysis of the major institutions of globalization as in this penetrating book. With a new foreword for this paperback edition.

Are All Labor Regulations Equal?

Author : Ahmad Ahsan,Carmen Pagés
Publisher : World Bank Publications
Page : 50 pages
File Size : 40,7 Mb
Release : 2007
Category : Contract labor
ISBN : 8210379456XXX

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Are All Labor Regulations Equal? by Ahmad Ahsan,Carmen Pagés Pdf

This paper studies the economic effects of legal amendments on different types of labor laws. It examines the effects of amendments to labor dispute laws and amendments to job security legislation. It also identifies the effects of legal amendments related to the most contentious regulation of all-Chapter Vb of the Industrial Disputes Act-which stipulates that firms with 100 or more employees cannot retrench workers without government authorization. The analysis finds that laws that increase job security or increase the cost of labor disputes substantially reduce registered sector employment and output but do not increase the labor share. Labor-intensive industries, such as textiles, are the hardest hit by laws that increase job security while capital-intensive industries are most affected by higher labor dispute resolution costs. The paper concludes that widespread and increasing use of contract labor may have brought some output and employment gains but did not make up for the adverse effects of job security and dispute resolution laws.

Labor Markets and Economic Development

Author : Ravi Kanbur,Jan Svejnar
Publisher : Taylor & Francis
Page : 586 pages
File Size : 46,7 Mb
Release : 2009-05-07
Category : Business & Economics
ISBN : 9781135969387

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Labor Markets and Economic Development by Ravi Kanbur,Jan Svejnar Pdf

As developing and transition economies enter the next phase of reforms, labor market issues increasingly come to the fore. With the increased competition from globalization, the discussion is shifting to the need for greater labor market flexibility and the creation of "good" jobs. Moreover, the greater actual and perceived insecurity in labor markets has generated a new agenda on how to structure safety nets and labor market regulation. The older questions of the links between the formal and informal labor market, reappear with new dimensions and significance. More generally, it is clear that an accurate understanding of how labor market structures function is essential if we are to analyze alternative policy proposals in the wake of these concerns. Oddly enough, in spite of this great importance, there are no recent monographs that bring together rigorous studies produced by academic researchers on these various issues. This book fills that gap. Under the steely editorship of Ravi Kanbur and Jan Svejnar, the contributors flourish in their attempts to enliven these debates.

Inequality, Growth, and Poverty in an Era of Liberalization and Globalization

Author : Giovanni Andrea Cornia
Publisher : Oxford University Press on Demand
Page : 438 pages
File Size : 40,8 Mb
Release : 2005
Category : Business & Economics
ISBN : 0199284105

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Inequality, Growth, and Poverty in an Era of Liberalization and Globalization by Giovanni Andrea Cornia Pdf

Within-country income inequality has risen since the early 1980s in most of the OECD, all transitional, and many developing countries. More recently, inequality has risen also in India and nations affected by the Asian crisis. Altogether, over the last twenty years, inequality worsened in 70per cent of the 73 countries analysed in this volume, with the Gini index rising by over five points in half of them. In several cases, the Gini index follows a U-shaped pattern, with the turn-around point located between the late 1970s and early 1990s. Where the shift towards liberalization andglobalization was concluded, the right arm of the U stabilized at the 'steady state level of inequality' typical of the new policy regime, as observed in the UK after 1990. Mainstream theory focusing on rises in wage differentials by skill caused by either North-South trade, migration, or technological change poorly explains the recent rise in income inequality. Likewise, while the traditional causes of income polarization-high land concentration, unequal access toeducation, the urban bias, the 'curse of natural resources'-still account for much of cross-country variation in income inequality, they cannot explain its recent rise. This volume suggests that the recent rise in income inequality was caused to a considerable extent by a policy-driven worsening in factorial income distribution, wage spread and spatial inequality. In this regard, the volume discusses the distributive impact of reforms in trade and financialliberalization, taxation, public expenditure, safety nets, and labour markets. The volume thus represents one of the first attempts to analyse systematically the relation between policy changes inspired by liberalization and globalization and income inequality. It suggests that capital accountliberalization appears to have had-on average-the strongest disequalizing effect, followed by domestic financial liberalization, labour market deregulation, and tax reform. Trade liberalization had unclear effects, while public expenditure reform often had positive effects.

The Dynamics of Asian Labour Markets

Author : John Benson,Ying Zhu
Publisher : Routledge
Page : 309 pages
File Size : 44,9 Mb
Release : 2011-03-02
Category : Business & Economics
ISBN : 9781136823909

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The Dynamics of Asian Labour Markets by John Benson,Ying Zhu Pdf

Asia has undergone rapid economic transformation over the past two decades. Despite its constant economic growth, the 1997-98 Asian financial crisis and the resulting surge in unemployment highlighted the vulnerability of national systems that base development solely on economic growth. This book fills a major research gap by exploring the nature, dynamics and functioning of Asian labour markets in eight major Asian economies, including Japan, South Korea, Hong Kong, Singapore, China, Vietnam, India and Malaysia. It examines the type of labour markets that exist in Asia; how they have responded to globalisation; and how flexible they are to changing social and economic conditions. The book analyses how the current transformation has impacted on the key parties, such as employers, employees, trade unions, governments, organisations and society as a whole, and considers the likely future trends and developments in Asian labour markets.

Labour Markets, Institutions and Inequality

Author : Janine Berg
Publisher : Edward Elgar Publishing
Page : 432 pages
File Size : 49,8 Mb
Release : 2015-01-30
Category : Business & Economics
ISBN : 9781784712105

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Labour Markets, Institutions and Inequality by Janine Berg Pdf

Labour market institutions, including collective bargaining, the regulation of employment contracts and social protection policies, are instrumental for improving the well-being of workers, their families and society. In many countries, these instituti

Causes and Consequences of Income Inequality

Author : Ms. Era Dabla-Norris,Ms. Kalpana Kochhar,Mrs. Nujin Suphaphiphat,Mr. Frantisek Ricka,Evridiki Tsounta
Publisher : International Monetary Fund
Page : 33 pages
File Size : 53,5 Mb
Release : 2015-06-15
Category : Business & Economics
ISBN : 9781513547435

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Causes and Consequences of Income Inequality by Ms. Era Dabla-Norris,Ms. Kalpana Kochhar,Mrs. Nujin Suphaphiphat,Mr. Frantisek Ricka,Evridiki Tsounta Pdf

This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.

OECD Employment Outlook 2017

Author : OECD
Publisher : OECD Publishing
Page : 220 pages
File Size : 54,5 Mb
Release : 2017-06-13
Category : Electronic
ISBN : 9789264274860

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OECD Employment Outlook 2017 by OECD Pdf

The 2017 edition of the OECD Employment Outlook reviews recent labour market trends and short-term prospects in OECD countries.