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Books > Business & Economics > Economics > Labour economics > General
This book offers a collection of distinguished contributions that identify current growth accelerators in India, and suggest policies and strategies to make India's growth more sustainable and inclusive. The papers are divided into three sections, the first of which focuses on issues related to industrial growth in India. The discussions include India's industrial development (manufacturing, construction and mining); role of manufacturing; global value chains; and of environment in industrial development. In turn, section II deals with issues related to trade and FDI as accelerators of India's growth. The respective chapters explore the changing patterns of trade, impacts of technology, and spill-over effects of FDI, to name but a few. Lastly, the third section discusses employment-related issues like measurement of labour input, the dichotomy of the Indian labour market, the nature of firms and employment generation, and impacts of technology on employment. Given its scope and focus, the book offers an invaluable resource for researchers and policymakers alike.
This book is written in support of proposals to reduce work time in order to improve employment opportunities. The authors, both of whom have been deeply involved in shorter workweek policy debates, argue that the failure of the U.S. to enact shorter workweek legislation when it was first proposed in the late 1950s was a significant policy mistake. They argue further that reduced work hours are an effective means to full employment, improved income distribution, and a stronger consumer market--in addition to promising a better life to the contemporary American family. Policymakers concerned with employment issues as well as trade union officials and students of industrial relations will find here a new framework of ideas to support the renewed consideration of shorter workweek legislation. The authors approach their subject by analyzing the consequences of the U.S. rejection of shorter workweek proposals over the past 30 years. Among them, they contend, are an increasing polarization of incomes, the devotion of more and more resources to the support of economic waste, and a continuing problem with unemployment. The current preoccupation with dollar-denominated growth (a legacy from the Great Depression) has produced a debt-ridden system which increasingly fails to accomodate people's real needs: hence, the authors call for a nonfinancial analysis of economic questions. Taken as a whole, this volume offers both an eloquent defense of leisure and a cogent analysis of the beneficial economic effects of the institution of a shorter workweek or longer annual vacation.
Understanding the New Global Economy: A European Perspective argues that globalisation is facing economic and political headwinds. A new global economic geography is emerging, cross-border relationships are changing, and global governance structures must come to terms with a new multipolar world. This book clarifies the fundamental questions and trade-offs in this new global economy, and gives readers the tools to understand contemporary debates. It presents a range of possible policy options, without being prescriptive. Following a modular structure, each chapter takes a similar approach but can also be read as a stand-alone piece. State-of-the-art academic research and historical experiences are weaved throughout the book, and readers are pointed towards relevant sources of information . This text is an accessible guide to the contemporary world economy, suited to students of international economics, political economy, globalisation, and European studies. It will also be valuable reading for researchers, professionals, and general readers interested in economics, politics, and civil society.
This edited collection focuses on migrant women and their families, aiming to study their migration patterns in a historical and gendered perspective from early modernity to contemporary times, and to reassess the role and the nature of their commitment in migration dynamics. It develops an incisive dialogue between migration studies and gender studies. Migrant women, men and their families are studied through three different but interconnected and overlapping standpoints that have been identified as crucial for a gender approach: institutions and law, labour and the household economy, and social networks. The book also promotes the potential of an inclusive approach, tackling various types of migration (domestic and temporary movements, long-distance and international migration, temporary/seasonal mobility) and arguing that different migration phenomena can be observed and understood by posing common questions to different contexts. Migration patterns are shown to be multifaceted and stratified phenomena, resulting from a range of entangled economic, cultural and social factors. This book will be of interest to academics and students of economic history, as well as those working in gender studies and migration studies.
While gender has so often been found to be an important determinant of prevalence and outcomes of mental illness, economists have rarely focused on gender differences as a central element of their analyses. In this volume, we direct the focus of research in the economics of mental health squarely on the topic of gender. Each paper in this volume provides insight into the ways in which women and men are afflicted and affected by mental illness in the labor market. This volume will provide the reader with a richer understanding of prevalence of mental disorders, the educational, employment and earnings impacts of psychiatric disease, and prospects for treating and providing access to health care for the mentally ill.
This book systematically evaluates the impacts of deregulatory reforms on employment relations in Japan especially focusing on the core white collar workers. Concentrating on changes in three aspects of employment relations; contracts, employee mobility and worker effort, it examines the process of social negotiation and its results.
This book provides the first ever comprehensive economic evaluation of the long-standing German system of works councils and worker directors on company boards. This system of codetermination, or "Mitbestimmung, " is unique in the degree of information provision, consultation, and participation ceded employees. Addison analyzes the effects of works councils on establishment productivity, profitability, investment in physical and intangible capital, employment, training, wages and organizational flexibility, as well as the influence of worker directors on some of the same indicators plus, critically, shareholder value. Today, works councils are in decline while worker directors have scarcely been embraced either from within or without. This book examines these challenges and addresses the likely evolution of codetermination.
This is the first comprehensive account in any language of Israel's central labour organization (the Histradut) and the Israeli Labour Party.
This collection of papers on comparable worth written by political scientists contains the best annotated bibliography on comparable worth that this reviewer has yet seen. One notable paper categorizes the 50 states as to whether they have conducted a comparable worth legislation, and have implemented comparable worth. Other contributors explain how job evaluation can be performed to implement comparable worth, describe the difficulties and possible bias in job evaluation methods, and present US case studies. . . . It has an outstanding bibliography and overview of many important issues. Choice Legislation outlawing sexual discrimination and mandating policies of equal pay for equal work has clearly failed to produce the intended results. Women workers continue to be paid substantially less than men, and more and more families headed by women have sunk below the poverty level. This volume of essays focuses on major issues that must be faced before a public policy promoting pay equity can become a reality. Combining the contributions of specialists from several disciplines, it offers statistical comparisons and analyses of wage inequities in various occupations, industries, and regions; case studies of comparable worth programs; and a conceptual framework for approaching the problem on a policy level.
The economic crisis has revealed the dark side of deregulation in the labour market: rising unemployment, limited access to social security and, due to low wages, no savings to count upon in bad times. This book casts light on the empirical relationship between labour market deregulation through non-standard contracts and the three main dimensions of worker security: employment, income and social security. Focusing on individual work histories, it looks at how labour market dynamics interact with the social protection system in bringing about inequality and insecurity. In this context Italy is put forward as the epitome of flexibility through non-standard work and compared with three similar countries: Germany, Spain and Japan. Results show that when flexibility is carried out as a mere cost-reduction device and social security only relies on insurance principles, deregulation leads to insecurity. 'The political economy of work security and flexibility' is essential reading for academics, students, practitioners and policy makers interested in the outcomes of labour market developments in advanced economies over the past twenty years.
This book is a collection of fifteen contributions that undertake a detailed analysis of seven broad dimensions of India's economy and society. All the contributions approach the problems in their respective areas empirically, while being theoretically informed. The book begins with a section containing detailed and empirically supported chapters on the recent crisis in India's agricultural sector and the reforms in the agricultural markets. Another section is dedicated to the issue of infrastructure financing, and new ways of financing large infrastructural projects are critically examined. Other sections are related to innovations and technology impacts on industry; international trade; health and education; labor and employment; and the very important issue of gender. The selected discussion topics are both of contemporary importance and expected to remain so for some time. Most of the chapters introduce readers to data in addition to methods of analyzing this data, to arrive at policy-oriented conclusions. The rich collection carries learnings for researchers working on a wide range of topics related to development studies, as well as for policymakers and corporate watchers.
This book analyses the 2018 Global Compact on Migration and the need for, and difficulties of adopting a multilateral agreement on migration. Particular attention is given to the challenges and constraints involved, given not only the divergent needs and conditions of different counties but also the varying interests of different groups within countries. A synoptic history of previous attempts at reaching a multilateral migration agreement is provided, from 1927 onwards, to give context to the recent negotiations. The lack of a clear recognition of migration as a global process and the absence of a firm commitment to responsibility- sharing arrangements are highlighted. The book explains why the 2018 migration is both a breakthrough and at the same time an opportunity lost. In doing so,] it also analyses the limitations of the present deal, including inadequate attention to the root causes of forced and disruptive migration in origin countries, and highlights how the 2018 agreement can be built upon to create a dynamic harmony in the global migration system. The book will be relevant to researchers and policy makers as well as to professionals and activists concerned with migration, labour economics and international development.
The wages of workers are a primary determinant of a worker's standard of living. There has been a long history of governmental action attempting to construct a fair and equitable method of ensuring a living wage to the worker. This book traces the historical developmental process, examining the theory behind minimum wage programs and the first 50 years of the operation of the American Fair Labor Standards Act. Here are gathered key data and information that explain the effects of the FLSA on the worker and the employer.
This volume is devoted to three key themes central to studies in regional science: the sub-national labor market, migration, and mobility, and their analysis. The book brings together essays that cover a wide range of topics including the development of uncertainty in national and subnational population projections; the impacts of widening and deepening human capital; the relationship between migration, neighborhood change, and area-based urban policy; the facilitating role played by outmigration and remittances in economic transition; and the contrasting importance of quality of life and quality of business for domestic and international migrants. All of the contributions here are by leading figures in their fields and employ state-of-the art methodologies. Given the variety of topics and themes covered this book, it will appeal to a broad range of readers interested in both regional science and related disciplines such as demography, population economics, and public policy.
The global Basic Income debate is now widespread, diverse, and relatively well resourced by academic and more popular literature: but that does not mean that there is universal agreement about every topic of discussion. In fact, there is still a quite heated debate about some of the most basic questions, such as 'What is a Basic Income?' 'What's the point?', and 'Is it feasible?' This book is not yet another general introduction to Basic Income. There are already plenty of those. It is entirely about those aspects of the debate about which there is most discussion and sometimes the most conflict. It is based on conference papers, previously published chapters, and other previously published articles, working papers, and reports: material that has already benefited from consultation and debate, as is appropriate for a book about aspects of a debate that are the subject of frequent consultation and discussion.
Bookman takes a detailed look at the goals and motivations of high-income middle-aged women who want to enter the labor force after having spent most of their adult lives tending their homes, raising children, and volunteering in the community. The book examines the supply of their labor, their incentives, their motivations, and the fears they face as they evaluate their future options. Bookman also discusses the demand for their skills by reviewing the opportunities available to them in the labor market and detailing what they can realistically aspire to and what obstacles they are likely to encounter. By describing the changes in the workplace that are likely to affect middle-aged women, the book offers a compelling labor market study with regard to this unique group of workers. Bookman makes four major contributions to the literature on women's studies issues in her book. First, she focuses on middle age by addressing the needs and concerns of this booming age bracket. Second, she introduces the concept of the Third Career, in which women want to be employed but not in a demanding or stressful career. Instead, they prefer part-time work or work with greater flexibility, and they are willing to sacrifice income in order to achieve these objectives. Third, the book uses the concepts of shadow skills and human capital to describe the demand for middle-aged female labor. Finally, the book analyzes the possible economic losses and gains to society when middle-aged women enter the labor force, concluding that the net contribution to the economy is positive.
Henry George (1839-1897) rose to fame as a social reformer and economist amid the industrial and intellectual turbulence of the late nineteenth century. His best-selling Progress and Poverty (1879) captures the ravages of privileged monopolies and the woes of industrialization in a language of eloquent indignation. His reform agenda resonates as powerfully today as it did in the Gilded Age, and his impassioned prose and compelling thought inspired such diverse figures as Leo Tolstoy, John Dewey, Sun Yat-Sen, Winston Churchill, and Albert Einstein. This six-volume edition of The Annotated Works of Henry George assembles all his major works for the first time with new introductions, critical annotations, extensive bibliographical material, and comprehensive indexing to provide a wealth of resources for scholars and reformers. Volume IV of this series presents the unabridged text of Protection or Free Trade (1886). Read into the U.S. Congressional Record in its entirety in 1892, Protection or Free Trade is one of the most well articulated defenses in the nineteenth century for the free exchange of goods, services, and labor. By exposing the monopolistic practices and the privileging of special interests in the trade policies of his time, George constructed a monumental theoretical bulwark against the apologists for protective tariffs and diverse trade preferences. Free trade today is often associated with a neo-liberal agenda that oppresses working people. In Protection or Free Trade George argues that free trade, when linked with land value taxation or the systematic collection of economic rent, reduces wealth and income inequality. True free trade elevates the condition of labor to a degree far greater than any form of trade protectionism. The full and original text of Protection or Free Trade presented in Volume IV of The Annotated Works of Henry George is supplemented by annotations which explain George's many references to the trade policies and disputes of his day. A new index augments accessibility to the text, the annotations, and their key terms. The introductory essay by Professor William S. Peirce, "Henry George and the Theory and Politics of Trade," provides the historical, political, and conceptual context for George's debates with the prominent political economists and trade advocates of his time. Henry George wrote Protection or Free Trade with an unparalleled logical clarity about the harm that restrictive trade practices do to human welfare and the advancement of civilization. Trade barriers of any type serve the interests of a few and invariably impede the economic progress of society. George is adamant that protectionism fosters poverty and animates global conflict. The development of trade policy cannot be pursued in isolation from the broader principles of sound economics. Tax reform and free trade are reciprocal components of the need for a radical reshaping of fiscal economics in the twentieth first century.
This book examines how convicts played a key role in the development of capitalism in Australia and how their active resistance shaped both workplace relations and institutions. It highlights the contribution of convicts to worker mobilization and political descent, forcing a rethink of Australia's foundational story. It is a book that will appeal to an international audience, as well as the many hundreds of thousands of Australians who can trace descent from convicts. It will enable the latter to make sense of the experience of their ancestors, equipping them with the necessary tools to understand convict and court records. It will also provide a valuable undergraduate and postgraduate teaching tool and reference for those studying unfree labour and worker history, social history, colonization and global migration in a digital age.
Are the unconventional accommodative monetary policies in place since 2008 pulling Western economies into a black hole? Jacques Ninet asks precisely this question of these policies as he investigates their origins, effectiveness and permanency. Starting with the neoliberal revolution of the 1980s, Ninet shows how growing wealth disparities and their counterpart, growing indebtedness, have created financial instability and triggered recurring crises. Central banks have become the only game in town, but as they have reached the zero-lower bound in the US and even crossed it in Europe and Japan, they are now in great danger, and they are carrying with them the whole house of cards. Ideally suited for researchers, professionals and students of finance and economics, this book shows that very little would be needed to restore economic order, and it demonstrates how such efforts could be carried out in conjunction with efforts towards ecological transition and the restoration of social justice.
This book examines the dynamics in capital flows, credit markets and growth in South Africa. The authors explore the role of global economic growth, policy shifts and various economic policy uncertainties. Central banks in advanced economies are engaged in unconventional monetary policy tools such as balance sheet policies, negative interest rates and extended forward guidance to assist them to meet their price, financial and macro-economic stability objectives. This book determines whether BRICS GDP growth is a source of shocks or an amplifier of global growth shocks. The authors find that global economic growth and policy uncertainty reinforce each other via capital flows, credit conditions and business confidence on the domestic economy. Furthermore, they demonstrate that there is momentum in the changes in the spread between the repo rate and federal funds rate. In addition, global real policy rates impact domestic GDP growth and labor market conditions. The authors examine the economic costs of capital flow surges, sudden stops and elevated portfolio volatility shocks and their interaction with GDP growth and credit. They show that equity and debt inflows matter in the attainment of the price stability mandate. Moreover, business confidence transmits sovereign credit ratings upgrades and downgrades shocks to the real economy via GDP growth, the cost of government debt and borrowing to impact credit growth. High GDP growth increases the likelihood of sovereign credit ratings upgrades, hence policymakers should implement pro-growth policies. Inflation regimes impact the transmission of positive nominal demand shocks to the price level. Low and stable inflation (inflation below 4.5 per cent) reduces the pass-through of positive nominal demand shocks to inflation.
This book includes a series of papers that mainly discuss the proposition of "double middle-income traps." It analyzes various perspectives of middle-income groups of Russia and China including employment, education, consumption, mobility, social insurance, social values and identity, social and political participation. This book further indicates that the expansion of middle-income groups plays an important role in promoting mass consumption, maintaining continuous and stable economic growth, and overcoming the double middle-income traps. The middle class and middle-income group generally owns higher economic capital and cultural capital and is proved to be the main strength in expanding consumption by many empirical studies. However, the middle class and middle-income group has currently encountered hindrance to upward mobility, life quality, social security and class identity, which prevent the expansion of the middle-income group and improvement of social structure. Through comparing the middle-income groups of these two countries, this book gives us a panoramic view of their social and economic condition. Successfully combining theory and concrete practical guidelines, the book offers a valuable resource for all those active in this dynamic field. The book is important for students, scholars, researchers and professionals in economic and social science fields.
This book investigates how paid care work and employment are being transformed by policies of social care individualisation in the context of new gig economies of care. Drawing on a case study of the creation of a new individualised care market under Australia's National Disability Insurance Scheme the book provides important insights into possible futures for social care employment where care is treated as an individual consumer service. Bringing together sociological, political science and socio-legal approaches the book demonstrates how, in individualised care markets and with ineffective labour laws, risks of business and employment are devolved to frontline care workers. The book argues for an urgent re-evaluation of current policy approaches to care and for new regulatory approaches to protect workers in diverse forms of employment.
This book examines the inclusive development experiences and impacts of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). It discusses the theoretical assumptions underlying the inclusive development of Employment Guarantee Scheme (EGS), and draws conclusions based on robust data and real-world experiences with the MGNREGS - which has attracted global attention as India's most ambitious, rights-based development initiative and most expansive work-based social security measure, the world's largest public works programme, and people-centric approach to development. The book argues that the Scheme holds vast potential, and, in fact, has made significant contribution to the promotion of livelihoods of the poorest of the poor, but that the weak institutions of local-self-governance, entrusted for implementation of the Scheme, are incapable of exploiting them to the full. It ends with a concrete policy suggestion: the inclusive development experiences gathered with the EGS and presented here could offer a source of policy change in many developing Afro-Asian countries whose situations are similar to India's, provided the local conditions in the respective country are taken into consideration when designing the EGS. Its significance as a social security measure has increased in post-COVID loss of jobs and livelihoods of the poor. |
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