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This book is about labor income share, which measures the share of
national income paid in wages. The global share of income going
towards labor is declining, which suggests a more unequal
distribution of income. This has sparked debates about fair
distribution of personal incomes among academics and policymakers
alike. This book joins the discussion by bringing together recent
developments in theoretical and empirical research on labor income
share and novel insights on the measurement of the labor income
share. The aim of this book is to help design policies to reduce
inequality and provide useful knowledge to academics, policymakers
from government agencies, policy aides in research institutions and
think tanks, and broader audiences from public and private
organizations.
This is the first study that puts together a comprehensive and
in-depth analysis of the drivers of the labor income share across a
number of countries in Asia. This book provides an insightful
companion to the study of labor income shares that plays a vital
role in understanding the relationship between national income and
personal income, and the relationship between wage inequality and
wealth inequality. The timing of the book is ideal, as the ongoing
debate over a global decline in the labor income share is far from
settled. To this extent, evidence from the Asian countries is
mixed. The labor income share in some Asian countries has been
rising since the 1990s. The purpose of this edited volume is to
gain more insights on the potential drivers of the Asian
experience. The first half of the book pays attention to the
measurement problems related to the earnings of self-employed and
workers in the informal sector. Then it puts together country case
studies examining a wide range of factors driving the labor income
share in Asia.
This book explores the existing and diverse institutional
bottlenecks of land acquisition, ranging from legal and social to
political and even environmental within the Asian context. It
identifies the short- and long-term risks associated with land sale
through regional case studies and aims to propose a more
sustainable policy framework. One such policy framework proposed is
that of Land Trust for mitigating some of these risks. For
instance, recent studies argue that land trust or land lease is one
of the best ways to increase the rate of return to invite private
investors into infrastructure investment and industrialization. A
rare snapshot of a continent in the process of rapid development,
this book offers an invaluable resource for scholars, activists and
politicians alike.
This book is about labor income share, which measures the share of
national income paid in wages. The global share of income going
towards labor is declining, which suggests a more unequal
distribution of income. This has sparked debates about fair
distribution of personal incomes among academics and policymakers
alike. This book joins the discussion by bringing together recent
developments in theoretical and empirical research on labor income
share and novel insights on the measurement of the labor income
share. The aim of this book is to help design policies to reduce
inequality and provide useful knowledge to academics, policymakers
from government agencies, policy aides in research institutions and
think tanks, and broader audiences from public and private
organizations.
This is the first study that puts together a comprehensive and
in-depth analysis of the drivers of the labor income share across a
number of countries in Asia. This book provides an insightful
companion to the study of labor income shares that plays a vital
role in understanding the relationship between national income and
personal income, and the relationship between wage inequality and
wealth inequality. The timing of the book is ideal, as the ongoing
debate over a global decline in the labor income share is far from
settled. To this extent, evidence from the Asian countries is
mixed. The labor income share in some Asian countries has been
rising since the 1990s. The purpose of this edited volume is to
gain more insights on the potential drivers of the Asian
experience. The first half of the book pays attention to the
measurement problems related to the earnings of self-employed and
workers in the informal sector. Then it puts together country case
studies examining a wide range of factors driving the labor income
share in Asia.
This book explores the existing and diverse institutional
bottlenecks of land acquisition, ranging from legal and social to
political and even environmental within the Asian context. It
identifies the short- and long-term risks associated with land sale
through regional case studies and aims to propose a more
sustainable policy framework. One such policy framework proposed is
that of Land Trust for mitigating some of these risks. For
instance, recent studies argue that land trust or land lease is one
of the best ways to increase the rate of return to invite private
investors into infrastructure investment and industrialization. A
rare snapshot of a continent in the process of rapid development,
this book offers an invaluable resource for scholars, activists and
politicians alike.
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