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Books > Business & Economics > Economics > Labour economics
This book analyzes Chinese history, politics, and economic development through the lens of labor allocation within the world's largest workforce. Capturing the peculiarities, continuities, and changes in the PRC's institutional structure, Fei-Ling Wang examines the segmented nature of China's labor force today. He points to the rare coexistence of four 'labor allocation patterns: ' the traditional family-based system, authoritarian state allocation, community-based labor markets, and the emerging national labor market. China's enduringly stable yet backward institutional structure was based firmly on a mix of family and state institutions; now the addition of market forces highlights the PRC's transitional state. Bolstered with rich case-study detail and Chinese source material, this study argues that the development of labor allocation patterns will profoundly influence China's political and economic development in the coming century
Recently, evolutionary theories of economic and technological change have attracted a considerable amount of attention which reflects the problems encountered by mainstream analysis of dynamic phenomena and quantitative change. This book, originally published in 1991, develops the debate and draws on the concepts of evolutionary biology, nonequilibrium thermodynamics, systems and organization theory. While recognizing that new technology is not the cause of quantitative change, the editors claim it should play a more central role in economic theory and policy. At the same time, the ground is laid for a more generalized concept of innovation and experimentation and their relation to routine activities. The book is intended for economists.
Since 1945 preventing runaway wage inflation has been regarded as a key policy in managing an economy in a successful way. The exact nature of pay control has varied from country to country and from time to time. This book, originally published in 1987, examines pay control policies in major Western economies. It surveys developments from 1945 and explores the aims of pay policies and discusses the problems of implementation, comparing the different kinds of policies. By comparing the performance of these different approaches the book assesses the merits and pitfalls of the different approaches.
Originally published in 1985 and contributed to by internationally renowned economists, this volume discusses theoretical issues and country-specific experiences to review the underlying causes of the stagflation of the 1970s and early 1980s, as well as summarizing the kinds of macro-policies that were adopted to deal with the stagflation.
Originally published in 1988 this book was the culmination of 7 years of research in micro-electronics by the Center for Science and Technology Policy in New York. It includes original comparative study of corporate strategy in American, Japanese, and European firms, as well as an account of the evolution of technical alliances. It provides a detailed examination of the global micro-electronics industry in all its aspects - technological, economic, strategic and institutional and goes beyond organizing and presenting the facts to offer new perspectives, analyses and opinions.
This provocative book makes a compelling case for reducing the number of workdays in a week to four. Globalization has brought with it fiercer competition and greater worker mobility, and as organizations compete for top talent, they are becoming more open to unconventional worker arrangements, such as remote working and flextime. International business expert, Robert Grosse, draws on scholarly research to construct an appealing argument for why the four-day workweek benefits both the organization and the employee. Research has demonstrated that longer work hours harm the individual and don't amount to a more effective organization, which begs the question: then why do it? The book goes beyond merely arguing that a reduced workweek is a good idea. It delves into why, explores the means for achieving it, and scrutinizes the barriers to getting there. This is a book for forward-thinking executives, leaders, and academics who understand that work-life balance is the secret sauce not only for organizational success, but also for greater productivity and satisfaction in their careers and those of the people they manage.
Following the 2008 "global" financial crisis, the viability of globalised financial capitalism was called into question. The resulting fear and uncertainty produced a momentary return to "Keynesian" policies. But as soon as emergency stimuli - and bank bail-outs - appeared to stabilise the situation, there was a sharp reversal; and successive British governments and the financial sector have since attempted to return to business as usual. Historically, much smaller shocks have been able to produce dramatic change, with the 1978 "Winter of Discontent" providing a catalyst for the election of Margaret Thatcher, the ultimate abandonment of the post-war Keynesian consensus, and the ushering-in of neoliberalism. Nor is apparent success a guarantee against change, with Winston Churchill being swept from office by the first majority Labour government in 1945 - at a point which should have marked his greatest triumph. In this book, these apparently inexplicable shifts in the conventional wisdom and the accompanying policy paradigm are explored through the lens of the interest groups that have jostled for position since the second industrial revolution. In this context, inequality, poverty, free market capitalism and the social welfare state have interacted in an uneasy, dynamic dance - the "insecurity cycle". The authors explore these interactions, their impact on the relationship between society and the economy, and the possible implications of Brexit and a re-energised political left. Written in an engaging and accessible style, Labour, Finance and Inequality will be a key resource for academics and students of social and political economics as well as public policy. It will also offer considerable insight to policy makers and a more general non-specialist audience.
The revolution in new technology gave rise to new work patterns and improved productivity, all of which affect the management of human resources. Expectations for increased efficiency have not always been fulfilled because of the problems that have arisen in workings of labour relations. How can management maximize the benefits of these technologies while co-operating with their employees? How far are trade unions involved in the decisions as companies adopt new technology? Is the workforce consulted in systems design? This book, originally published in 1992 looks at the problems of developing strategies in information technology when considering labour relations. Experts in industrial sociology, human resource management and organizational behaviour assess the achievements and failures, including consideration of issues such as public sector work, gender and race. Drawing on empirical evidence, the contributors cover a wide range of industries including case studies in electronics and banking, together with international comparisons.
Islamic Macroeconomics proposes an Islamic model that offers significant prospects for economic growth and durable macroeconomic stability, and which is immune to the defects of the economic models prevailing both in developed and developing countries. An Islamic model advocates a limited government confined to its natural duties of defence, justice, education, health, infrastructure, regulation, and welfare of the vulnerable population. It prohibits interest-based debt and money, and requires full liberalization of all markets including labor, financial, commodity, trade, and foreign exchange markets. The government should be Sharia-compliant in its taxation power and regulatory intervention; it ought to reduce unproductive spending in favor of productive spending. This book is essential reading for students and academics of Islamic economics and finance, economists, practitioners, and researchers.
In the globalized economy, labor migration has become of central importance. A key issue in the analysis of immigration is how the migrants fare in the economy in which they migrate, and how they assimilate towards the behavior of the natives. Using data from the United States, Canada, many European countries, Australia and New Zealand, the chapters study the developments of earnings, employment, unemployment, self-employment, occupational choices and educational attainment after migration. The book also investigates the role of language in labor market integration and examines the situation of illegal, legalized and unwilling migrants. Policy effects are also studied: Among those are the effects of selection criteria of labor market success and the effects immigrants have on the public sector budget of the receiving country. Hence, the book provides a broad picture of the performance of migrants.
Originally published in 1989 this book gives an overview of the empirical work on new technology objectives, together with an analysis of management strategies for adoption at the corporate, technological and people levels. It also reviews previous work on the extent to which staff at different levels, and from different specialism, are involved in decision-making, as well as the adoption process more generally. The book looks at different approaches to analysing organizational contexts and provides a framework for studying the stages of the adoption process. The book includes case studies - two in financial services and two in engineering contexts.
Recently published figures predict that the number of employed individuals between the ages of 55 and 64 will increase by 11 million by 2002; on average, today's 65-year-old can expect to live to 83, reflecting general trends in increased health and longevity. As the huge cadre of baby boomers approaches traditional retirement age, such factors as financial security, health benefits, and the attractiveness of staying active in later years are encouraging more older people to work well into their 60s, 70s, and even 80s, while businesses are learning to anticipate their long-term employment needs, and facing potential labor shortages unless they hold onto and develop more older workers. The economic, political, and cultural implications of these trends will reach staggering proportions, changing the make-up of organizations large and small and the very nature of work and our attitudes toward it. The Older Worker Advantage tackles these issues head on, taking into account both the organization's/manager's point of view and the older employee's point of view. Gordon Shea and Adolf Haasen analyze data from a wide variety of sources, including international comparisons, to explore the phenomenon of older workers in depth, dispelling common myths that contribute to age discrimination, and reinforcing the relevance of such qualities as life experience and communication skills for today's knowledge-driven enterprises. The authors showcase the pioneering efforts of such organizations as the Vita Needle Company, AES Corporation, and the U.S. Coast Guard, among others, in establishing programs and practices that develop older worker skills and support multigenerational collaboration--to the benefitof both individuals and the organization. In the process, they consider such timely topics as: *what motivates older workers; *the impact of technology on older worker training; *creating diverse project teams; *an emerging breed of managers attuned to older worker requirements and capabilities. Featuring diagnostic exercises, an appendix on legal protections for older workers, and specific tools for enhancing productivity and positive work environments, The Older Worker Advantage will be an essential resource for business owners and executives, managers, older employees, trainers, counselors, policymakers, educators, and students--anyone concerned with the profound changes in our workforce and its effects on young and old alike.
Cooperatives the world over are successfully developing alternative models of decision-making, employment and operation without the existence of managers, executives and hierarchies. Through case studies spanning the US, Latin America and Europe, including valuable new work on the previously neglected cooperative movement in Cuba, Peter Ranis explores how cooperatives have evolved in response to the economic crisis. Going further yet, Ranis makes the novel argument that the constitutionally enshrined principle of 'eminent domain' can in fact be harnessed to create and defend worker cooperatives. Combining the work of key radical theorists, including Marx, Gramsci and Luxemburg, with that of contemporary political economists, such as Block, Piketty and Stiglitz, Cooperatives Confront Capitalism provides what is perhaps the most far-reaching analysis yet of the ideas, achievements and wider historical context of the cooperative movement.
Originally published in 1967 and the result of extensive interviews and case studies, this book examines the implications of technical change. Although focussed on the early introduction of computers the kinds of problems discussed in this book are found in technical change more widely and the book therefore continues to have enduring relevance. The book is divided into three parts - an attitude survey of the administrative staff in departments affected by the introduction of computers, a study of the mechanisms of change and a second survey and re-examination of departmental organisation and work flow.
Originally published in 1968, and using official records, this book charts the history of the Railway Clearing House and shows the vital role it played in the development of British railways and the growth of the economy. The Clearing House established a common classification of goods; standardized signalling systems and telegraphic codes among the 120 railway companies which operated in Britain before the First World War. It was the nerve centre of the railway for nearly a century and at one time more than 2,500 clerks were employed in its huge offices near Euston Station in London.
In A Theory of Full Employment, Y. S. Brenner reviews the current drift toward a society he finds neither economically expedient nor morally attractive, and N. Brenner-Golomb discusses the risks involved for science and society in the newfangled sophism hiding behind post-modern ideas and "political correctness." Both authors emphasize the need to revive the public's political engagement and revise economic theory to restore to society the humane perspective that inspired the welfare state. They contend that if people will abandon outworn habits of thought, consider alternatives, and renew their political engagement, they may find useful employment for all who are able and willing to work and end the fear of destitution. Although scientists' philosophical backgrounds seldom influence their answers, they do determine their questions, and the final outcome can depend on this. Neoclassical economists are ill equipped to ask questions about the long-term dynamic processes of our complex economic reality. They leave out of their models variables not easily quantified and prefer mathematical precision to the study of the intricacy of life. Paul Samuelson, Robert Solow, and others have tried to overcome this by grouping self-adjusting elements into "proxy" variables, thus synthesizing neoclassical and Keynesian ideas. But most of today's critics of the ruling dogma go largely unheard. This volume is intended to convince professional economists who study the economic system as a whole to reexamine some of the assumptions behind reigning economic theories. A second objective is to explain to the general public why currently fashionable policies cannot solve massive long-term unemployment. Finally, it shows that if political engagement is revived, we may escape the economic morass and moral wasteland into which, the fashionable policies have been leading us since the 1970s. This book will appeal to economists, politicians, sociologists, and a wider public concerned about today's economic malaise.
In the wake of the Greek crisis, the future of the EU is the subject of a great deal of debate. This book critically evaluates the current new monetarist model of Economic and Monetary Union in Europe, presenting an alternative post-Keynesian (progressive) model, aimed at addressing the current problems of trade imbalance and asymmetric macroeconomic policy infrastructure that are augmenting tensions within the Eurozone. The book's approach is based upon the development of a common, rather than a single, currency approach, and utilises post-Keynesian policy solutions in order to create a form of EMU which will promote full employment rather than austerity.
During the last two decades, rapid economic growth and development in India has been based upon the mass employment of informal labour. Using case studies from three urban regions, this book examines this growth in modern India's cities and towns. It argues that India has undergone a process of uneven and combined development during its integration with the world economy, leading to a distorted form of urban development. This book is about work and resistance in India's massive 'informal economy'. It looks at the growth of informal labour in Bangalore, Mumbai and New Delhi during an era of neoliberal economic policymaking. Going beyond mainstream accounts, it argues that India's rapid economic development has been based upon the mass employment of workers on low wages who lack basic social protection and rights at work. It discusses how urban development in India is characterised by a combination of industrialisation, industrial relocation, restructuring and informalisation. Departing from some existing studies of de-industrialisation, it re-frames informalisation as a process that complements, rather than contradicts, contemporary industrialisation in rapidly-emerging economies. The book adopts a 'classes of labour' approach, classifying each case of informal labour as a specific 'form of exploitation': as a different way for employers to lower production costs, control workers and increase enterprise flexibility. Offering a critique of existing data on the measurement and monitoring of informal labour and employment, the book is relevant to students and scholars of Development Studies, International Political Economy and South Asian Studies.
This book provides a concise and accessible history of the relationship between the individual and capitalism in the United States. The text is devoted to tracking the historical development of important themes, whilst addressing key episodes in the progress of American capitalism within these, such as the Great Depression and New Deal. The book will introduce students to the key philosophical principles that have been the most influential in the history of free enterprise in the United States as well as exploring the ways in which these ideas have been popularly understood by Americans from the late eighteenth century to the present. Liberalism and Neoliberalism, entrepreneurialism, slavery and racial capitalism, and business and gender are all assessed. The material in this volume is complimented by a set of primary source documents that bring the subject to life. It will be of interest to students of American history, business and labor history.
This book is about unequal development and labour in Brazil, with particular reference to the economic and social development of the Northeast region, which has suffered persistent disadvantage. It combines a historical approach, which shows how economic, social and political institutions have been restructured over time, with an analysis of changes in the pattern of production, employment, unemployment and inequality up to the present day. It draws on detailed case studies to examine the connections between local and national production systems and critical labour market outcomes such as informality in employment, precarious work and disparities between genders, races and regions. The case of the Brazilian Northeast illustrates processes, relationships and policy debates that are important not only in Brazil but also elsewhere. The book will be of interest to teachers, researchers and students in economics, sociology, labour and development; public officials and policy-makers; the international development community; and the general public interested in Latin American affairs. They will find in the book an original and systematic analysis of the factors underlying unequal development and how they respond to different policy regimes and suggestions about the issues that need to be addressed in the future.
The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) was enacted in India with the multiple objectives of providing employment in a rights-based framework, addressing rural poverty, checking migration, and building rural infrastructure. As such, every year around 15-20 per cent of households in India overall and 30 per cent in rural India receive some form of employment share under the MGNREGA programme. This volume looks at various aspect of the scheme, its linkage with employment, agricultural wages, livelihood and food security, gender issues, and migration in rural India. It also discusses challenges in implementation, hurdles and the relative successes of the scheme. Based on primary survey data from 16 major states in the country, the findings of the study provide key insights into MGNREGA and assess the implications for other welfare-oriented programmes. Rich in empirical data, this volume will be useful to scholars and researchers of political economy, economics, agriculture, rural development and sociology, as well as policymakers and nongovernmental organisations.
Over the last two decades or so, a number of developing countries have become important suppliers of manufactured goods. A good deal of these goods are produced under extremely poor working conditions, incompatible with the fundamental rights and freedoms. However, WTO rules do not allow restrictions on imports of such goods, and the ILO hardly ever sanctions violations of international labor standards. On the one hand, this leaves exporting countries free to compromise on labor protection in order to enhance their competitiveness on foreign markets. On the other hand, importing countries are obliged to keep their markets open for goods produced under substandard labor conditions. This gives rise to the question of whether the rules of the multilateral trading system should be linked to international labor standards. This study argues that there are two trade-related reasons for establishing such a link. The first one is commonly referred to as social dumping. GATT rules enshrine the principles that should govern international trade: fairness and responsibility. These principles should also apply where trade meets labor protection. Exporting goods made under substandard labor conditions is unfair and distorts trade. It would therefore be consistent to make social dumping actionable. The other reason concerns the responsibility of importing countries. Increased imports of goods produced under substandard labor conditions are an incentive for the exporting country to produce more goods under the same labor conditions, and ship them to the same importing country. This results in a proliferation of violations of labor standards, for which the importing country shares the responsibility. There is a need to adopt a link between trade and labor standards enabling the importing country to cap imports in order to escape the blame.
The India Migration Report 2017 examines forced migration caused by political conflicts, climate change, disasters (natural and man-made) and development projects. India accounts for large numbers of internally displaced people in the world. Apart from conflicts and disasters, over the years development projects (including urban redevelopment and beautification), often justified as serving the interests of the people and for public good, have caused massive displacements in different parts of the country, disrupting the lives and livelihoods of millions of people. The interdisciplinary essays presented here combine a rich mix of research methods and include in-depth case studies on aspects of development-induced displacement affecting diverse groups such as peasants, religious and ethnic minorities, the poor in urban and rural areas, and women, leading to their exclusion and marginalization. The struggles and protests movements of the displaced groups across regions and their outcomes are also assessed. This volume will be of great interest to scholars and researchers of development studies, economics, sociology and social anthropology and migration studies.
Originally published in 1979, this reader presents an industrialist view of the labour market and economics as they stood at the time in the United States. The essays collated aim to answer macroeconomic questions on this topic as well as exploring issues related closely to employment and inflation. This title will be of interest to students of business and economics.
German unification brought fundamental, often traumatic changes for the people in eastern Germany. Women as a group were arguably more deeply affected by the changes than any other, and in one area in particular: that of work, which had far-reaching effects on them and their families' economic situation. Rachel Alsop critically examines the processes behind women's changing relationship to the labor market in eastern Germany following the collapse of state socialism and the transition to a market economy. By the 1980s women made up virtually half of the East German work force. The collapse of the GDR transformed the field of work, drastically diminishing the general demand for labor. Yet while economic and political restructuring reduced the volume of both male and female employment, it was women who bore the brunt of unemployment. In the immediate transitional period a re-masculinization of the workforce was evident, with women constituting the large part of the unemployed. Using an extensive range of both quantitative and qualitative data, the author explores the gender dynamics of the social, economic, and political restructuring of eastern Germany, thereby producing an important new context in which to examine contemporary debates on gender and work. |
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