It is argued that but for restrictive labour laws that create inflexibility in the labour market, the Indian economy would have experienced a higher growth of employment. On the other hand, this view is vehemently contested by trade unions and many other economists. This paper shows that the ...
(2006): "Flexibility, Employment and Labour Market Reforms in India", Economic and Political Weekly, May 27.Sharma, Alakh N. (2006): "Flexibility, Employment and Labour Market Reforms in India", Economic and Political Weekly, May 27, pp. 2078-2085....
Dominant voices within the policy establishments, in India as well as international financial institutions, have been strong advocates of the view that labour market rigidities are major obstacles to improving economic and labour market performance. In such a view, labour market regulation not only hur...
This paper investigates the labour market impact of the 1991 trade reforms in India using a detailed panel data set on firms in five different import competing industries. We have two main results. First, we find only a small and insignificant effect of the reforms on employment - overall and...
In Sum II • Orthodoxy advocates market oriented reforms, infrastructure investment and deregulating the labour market to speed up industrialisation to transform the workforce rapidly. • Heterodoxy argues for improving agriculture productivity – which is still 1/3 of china’s – to augme...
LABOUR market reforms have been a key component of policy pronouncements on economic reforms in India by multilateral institutions like the World Bank, corporate India and a section of economists since the 1980s. Labour laws in India, they argue, are too rigid and hence prevent firms from adjust...
methods to test the LMF argument offers an overview of the organised labour market in India comprehensively discusses the proposed/instituted labour law reforms in the country contextualises the LMF argument in a macroeconomic setting discusses the political economy of labour law reforms in India. This...
Legislations have thus institutionalised and perpetuated labour market dualism. Reforms herein are necessary but should be implemented in a careful and phased manner to avoid deteriorating conditions in both the sectors in the name of uniformity. Linking retrenchment with Area Regeneration Programmes; ...
Globalization, Labour Markets and Inequality in India 2025 pdf epub mobi 电子书 图书描述 India started on a program of reforms, both in its external and internal aspects, sometime in the mid-eighties and going on into the nineties. While the increased exposure to world markets ('globalization'...