Download or read book Wages Productivity In A Developing Economy written by Kalyani Mohanty and published by Discovery Publishing House. This book was released on 1993-01-01 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Productivity as a criterion for wage fixation in industry necessitates to spread an advanced work culture in the Country and due share from gains of productivity is required to obtain a large trust worthy working class to strengthen the society perceived as an immediate urge of the country. The level of wages in Indian industries is yet to be treated as a satisfier of higher order needs. So the importance of wage study relating to productivity can not be avoided simply a Country like India. It directly affects the wage earners, the employers and the society at large. The book comprises eight chapters in all. It discusses productivity consideration in wage fixation. Besides it also discusses the effectiveness of different bio-partite bodies in fixation of wages in Cement Industry exclusively. The views of the workers and union members have been examined to ascertain the strength of the findings obtained from secondary source in relation to wage fixation and sharing gains of productivity. It is hoped that this book would be useful for academicians and students of Personnel Management & Industrial Relation as well as the students of Labour Economics.

Download or read book Global Productivity written by Alistair Dieppe and published by World Bank Publications. This book was released on 2021-06-09 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity. The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, whereas the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change, and the impact of natural disasters, including the COVID-19 pandemic. This book is must-reading for specialists in emerging economies but also provides deep insights for anyone interested in economic growth and productivity. Martin Neil Baily Senior Fellow, The Brookings Institution Former Chair, U.S. President’s Council of Economic Advisers This is an important book at a critical time. As the book notes, global productivity growth had already been slowing prior to the COVID-19 pandemic and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book presents a novel global approach to examining the levels, growth rates, and drivers of productivity growth. For anyone wanting to understand or influence productivity growth, this is an essential read. Nicholas Bloom William D. Eberle Professor of Economics, Stanford University The COVID-19 pandemic hit a global economy that was already struggling with an adverse pre-existing condition—slow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. It is comprehensive, with an exceptional focus on emerging market and developing economies. Importantly, it shows how severe disasters (of which COVID-19 is just the latest) typically harm productivity. There are no silver bullets, but the book suggests sensible strategies to improve growth prospects. John Fernald Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD

Download or read book Wage Policy Issues in Economic Development written by Anthony Douglas Smith and published by Springer. This book was released on 1969-06-18 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Productivity And Wages In Indian Industries written by Laxmi Narayan and published by Discovery Publishing House. This book was released on 2003 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Productivity and wages plays an important role in the economic development and ultimately determines the standard of living in the country. In a developing economy like India the wage policy is facing a real conflict between the need of the workers for larger consumption and the demand of the economy for higher rate of capital formation. The increasing productivity and its linking with wages is the best option available. The book examines the relationship between productivity and wages in selected industries of organised manufacturing. In this endeavour, the book examines (a) The trends in productivity; (b) The trends in distribution of productivity gains; (c) The trends in factor compensation (wages and rate of return). Contents: Introduction and Problem Setting, Data and Methodology, Wage Productivity Relationship Theoretical and Empirical Evidence, Productivity Trends in Selected Industries, Trends in Distribution of Productivity Gains, Trends in Wages and Earnings, Wage-Productivity R

Download or read book Wages Profitability and Growth in a Small Open Economy written by Mr.Bankim Chadha and published by International Monetary Fund. This book was released on 1990-05-01 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines issues raised by the evolution of a rapidly growing small open economy—Singapore—from a labor-intensive, low-technology production base to a capital-intensive, high-technology, knowledge-and-skill-intensive emphasis as it approached the limits of its resource constraints in the labor market. In order to analyze the process of restructuring a model of endogenous growth for a small open economy that is driven by increases in labor productivity from learning and that allows for the dynamic acquisition of comparative advantage is developed. In this framework the effects of various policies and exogenous shocks on the direction and pace of restructuring are investigated.

Download or read book The Low wage Challenge to Global Growth written by Walter Russell Mead and published by . This book was released on 1990 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Wage Policy and Employment in a Developing Economy written by John Rees Harris and published by . This book was released on 1968 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Handbook on Constructing Composite Indicators Methodology and User Guide written by OECD and published by OECD Publishing. This book was released on 2008-08-22 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide for constructing and using composite indicators for policy makers, academics, the media and other interested parties. In particular, this handbook is concerned with indicators which compare and rank country performance.

Download or read book Perspectives on Labour Economics for Development written by Sandrine Cazes and published by International Labor Office. This book was released on 2013 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: In developing countries, labour markets play a central role in determining economic and social progress since employment status is one of the key determinants of exiting poverty and promoting inclusion. Yet the reality in most developing countries is that the labour market fails to create the jobs in the formal economy that would help individuals and their families prosper. In recognition of these challenges, governments and other stakeholders in developing countries have increasingly prioritised policies and programmes to promote decent work. However, this requires navigating a range of complex issues and debates surrounding the linkages between development processes and labour market outcomes. This volume consists of three main thematic parts. Part I provides a broad overview of key issues, including characterising the employment challenge in developing countries and the link between economic growth, distribution, poverty and employment. Drawing on the literature and country examples, Part II analyses the specific topics of wages, migration and education. The final section shifts to a more normative focus, addressing labour market institutions and policies, along with systematic approaches to quantifying labour markets in developing countries. Perspectives on Labour Economics for Development is an invaluable reference for policy-makers in middle- and low-income countries as well as an ideal handbook for teachers and students of economics and development.

Download or read book Unskilled Labor for Development written by Orville John McDiarmid and published by Baltimore : Published for the World Bank [by] the Johns Hopkins University Press. This book was released on 1977 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unskilled labor is one of the most abundant resources available in developing countries and one that is drawn on heavily to further their economic growth. The cost of this labor is therefore an important factor in the choice and design of development projects. But how can this cost be determined? If the labor market is working efficiently, and particularly if labor is fairly mobile and fully employed, the market wage can be used. When these conditions are lacking and a surplus of unskilled labor persists apart from seasonal fluctuations, the economic or shadow wage must be estimated using other criteria. This book attempts to minimize reservations regarding the accuracy of such economic pricing. In the past, the methods for assigning economic values to labor, particulary unskilled agricultural labor, have been somewhat crude and relevant only in limited geographical areas. The task is made more difficult because most of the empirical data used in the calculations are available only at the national level. A macro approach to economic pricing is therefore formulated in this book and applied to Taiwan and the Philippines. The numerical results confirm expectations, based on general labor market conditions in the two countries, and additional studies of Korea and Indonesia are included for comparison.

Download or read book Wage Led Growth written by Engelbert Stockhammer and published by Springer. This book was released on 2013-12-03 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume seeks to go beyond the microeconomic view of wages as a cost having negative consequences on a given firm, to consider the positive macroeconomic dynamics associated with wages as a major component of aggregate demand.

Download or read book Wages and Productivity in Mexican Manufacturing written by Gladys Lopez Acevedo and published by World Bank Publications. This book was released on 2003 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author identifies the determinants of wages and productivity in Mexico over time using national representative linked employer-employee databases from the manufacturing sector. She shows that both employers and employees are benefiting from investments in education, training, work experience, foreign research and development, and openness after the North American Free Trade Agreement (NAFTA). Additional years of schooling have a higher impact on wages and productivity after NAFTA than before. Endogenous training effects are larger for productivity than for wages, suggesting that the employers share the costs and returns to training. The author also finds that investment in human capital magnifies technology-driven productivity gains. By comparing four regions of Mexico-north, center, south, and Mexico City-regional wage and productivity gaps are found to have increased over time.

Download or read book Effects of Globalization on Labor s Share in National Income written by Anastasia Guscina and published by International Monetary Fund. This book was released on 2006-12 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past two decades have seen a decline in labor's share of national income in several industrial countries. This paper analyzes the role of three factors in explaining movements in labor's share--factor-biased technological progress, openness to trade, and changes in employment protection--using a panel of 18 industrial countries over 1960-2000. Since most studies suggest that globalization and rapid technological progress (associated with accelerated information technology development) began in the mid-1980s, the sample is split in 1985 into preglobalization/pre-IT revolution and postglobalization/post-IT revolution eras. The results suggest that the decline in labor's share during the past few decades in the OECD member countries may have been largely an equilibrium, rather than a cyclical, phenomenon, as the distribution of national income between labor and capital adjusted to capital-augmenting technological progress and a more globalized world economy.

Download or read book Labour Productivity Wage Rate and Urban Size in a Developing Economy written by L. H. Wang and published by . This book was released on 1978 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Challenges to Globalization written by Robert E. Baldwin and published by University of Chicago Press. This book was released on 2007-11-01 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt: People passionately disagree about the nature of the globalization process. The failure of both the 1999 and 2003 World Trade Organization's (WTO) ministerial conferences in Seattle and Cancun, respectively, have highlighted the tensions among official, international organizations like the WTO, the International Monetary Fund (IMF), the World Bank, nongovernmental and private sector organizations, and some developing country governments. These tensions are commonly attributed to longstanding disagreements over such issues as labor rights, environmental standards, and tariff-cutting rules. In addition, developing countries are increasingly resentful of the burdens of adjustment placed on them that they argue are not matched by commensurate commitments from developed countries. Challenges to Globalization evaluates the arguments of pro-globalists and anti-globalists regarding issues such as globalization's relationship to democracy, its impact on the environment and on labor markets including the brain drain, sweat shop labor, wage levels, and changes in production processes, and the associated expansion of trade and its effects on prices. Baldwin, Winters, and the contributors to this volume look at multinational firms, foreign investment, and mergers and acquisitions and present surprising findings that often run counter to the claim that multinational firms primarily seek countries with low wage labor. The book closes with papers on financial opening and on the relationship between international economic policies and national economic growth rates.

Download or read book International Productivity Monitor written by OECD and published by OECD Publishing. This book was released on 2017-07-17 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 32nd issue of the International Productivity Monitor is a special issue produced in collaboration with the OECD. All articles published in this issue were selected from papers presented at the First Annual Conference of the OECD Global Forum on Productivity held in Lisbon, Portugal, July ...

Download or read book labor market policy in developing countries a selective review of the literature and needs for the future written by Gary S. Fields and published by World Bank Publications. This book was released on 2007 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: This paper presents a selective overview of the literature on modeling labor market policies in developing countries. It considers welfare economics, theoretical models, and empirical evidence to highlight the three general features needed in future research on labor market policy in developing countries. The author identifies desirable research components (welfare economics, theoretical modeling, and empirical modeling) and pitfalls in the literature (inappropriate use of productivity, reliance on wrong kinds of empirical studies, lack of cost-benefit analysis, attention to only a subset of the goods and bads, and fallacy of composition). The paper concludes with suggested topics and methods for future research. The author states that sound labor market policy requires sound labor market models. The paper makes a case for developing policy based on explicit evaluation criteria, specific theoretical models, and comprehensive empirical evidence.