Labor Markets In Asia: Issues and Perspectives

Hardcover | August 22, 2006

EditorJesus Felipe, Rana Hasan

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Unemployment and underemployment are developing into Asia's most important long-term problems. On conservative estimates, the region is home to at least 500 million workers who are either unemployed or underemployed. For this reason, helping people as workers is critical for poverty reduction. A question being widely asked is why countries in the region manage to achieve high growth rates of GDP but the corresponding growth rates of employment are somewhat disappointing. Are supposedly rigid labour markets the reason? This volume argues that while labour market reforms may be necessary in some specific cases, by no means are labour market policies the main explanation for the widespread increase in unemployment and underemployment across Asia and country specific studies undermine the case for across-the-board labour market reforms.

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Unemployment and underemployment are developing into Asia's most important long-term problems. On conservative estimates, the region is home to at least 500 million workers who are either unemployed or underemployed. For this reason, helping people as workers is critical for poverty reduction. A question being widely asked is why count...

JESUS FELIPE is a Senior Economist with the Macroeconomics and Finance Research Division of the Economics and Research Department of the Asian Development Bank (Manila, Philippines). He is also a Research Associate at the Centre for Applied Macroeconomic Analysis (CAMA), Australian National University, Australia; and at the Cambridge ...

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Format:HardcoverDimensions:736 pages, 9.31 × 6.29 × 1.78 inPublished:August 22, 2006Publisher:Palgrave MacmillanLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230007910

ISBN - 13:9780230007918

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Table of Contents

Introduction: Overview of the Chapters--J.Felipe & R.Hasan * PART I: LABOR MARKET ISSUES * Labor Market Outcomes in Asia--J.Felipe & R.Hasan * Labor Markets in a Globalizing World--J.Felipe & R.Hasan * The Employment Intensity of Growth: Trends and Macroeconomic Determinants--S.Kapsos * PART II: COUNTRY SPECIFIC STUDIES * Labor Markets in India: Issues and Perspectives--T.C.A.Anant, R.Hasan, P.Mohapatra, R.Nagaraj & S.K.Sasikumar * Labor Markets in Indonesia: Key Challenges and Policy Issues--G.Sugiyarto, M.Oey-Gardiner & N.Triaswati * Unemployment, Labor Laws and Economic Policies in the Philippines: A Stocktaking Review--J.Felipe & L.Lanzona Jr. * The Labor Market in the People's Republic of China: Development and Policy Challenges in Economic Transition--R.Tao * A Stocktaking Review of Vietnam's Labor Market--B.T.Nguyen, C.C.Loi & N.C.Thang * PART III: POLICY ISSUES * Policies to Achieve Full, Productive, and Decent Employment in Asia--J.Felipe & R.Hasan