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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.
Labour economics seeks to understand the functioning and dynamics of the markets for wage labour. Labour markets or job markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labour services (workers), the demands of labour services (employers), and attempts to understand the resulting pattern of wages, employment, and income. In economics, labour is a measure of the work done by human beings.
This volume brings together some of the most influential scholars in development economics to explore how to improve the well-being of the poor, how to design effective structures and institutions for poverty reduction and what the role of economic, political and social dimensions are (and should be) in global development. Issues addressed include globalization; both its governance and a historical perspective; inequality, of income, and the potential for conflict; trade and labour practises in a transitional and developing world, and; the natures and characteristics of institutions and markets.
Comparison in honour of Lloyd G. Reynolds for 50 years as an economist, on theoretical relationships between economic policy, economic structures and economic development - includes economic models and comparative analysis concerning the impact of agricultural technology, economies of scale, fertility trends, international markets, international monetary system, Terms of Trade, foreign exchange, income distribution, labour market structures, public expenditure, trade, etc. Graphs, references. Festschrift Reynolds, Lloyd G.
This book is an exploration of arguments about the economic and social effects of the regulation of labour, and whether it is likely to be helpful or harmful to development. Authored by contributors from a variety of fields, primarily legal as well as development studies, economics and regulatory studies, the book presents both empirical and theoretical analyses of the issues. With authors from several continents, this collection is unique in that it focuses on labour regulation in poor and middle-income countries rather than industrialised ones, therefore making it a significant contribution to the field.
This volumes presents classic readings on the theory of economic development, from the origins of "development studies" as an academic discipline through its critiques and responses to the present day.