Labor Markets in Asia: Issues and Perspectives (Asian Development Bank Books) by Jesus Felipe, Rana Hasan

Labor Markets in Asia: Issues and Perspectives (Asian Development Bank Books)



Download Labor Markets in Asia: Issues and Perspectives (Asian Development Bank Books)




Labor Markets in Asia: Issues and Perspectives (Asian Development Bank Books) Jesus Felipe, Rana Hasan
Language: English
Page: 736
Format: pdf
ISBN: 0230007910, 9780230627383
Publisher:

Review

'At least one-third of Asia's labour force is unemployed or underemployed. A lack of employment is a major cause of poverty. If the Millennium Development Goals are to be met in Asia, there needs to be massive employment generation. The challenge is how? Felipe and Hasan set out the issues in stark form with a masterly theoretical survey of the functioning of labour markets in Asia, plus five detailed case studies of India, Indonesia, Philippines, China and Vietnam, highlighting the policy implications. This is undoubtedly one of the most important books written on growth, employment and poverty in Asia since Myrdal's classic, Asian Drama'. - Tony Thirlwall, Professor of Applied Economics, University of Kent, UK 'Even in a region known for its economic dynamism, creating full, productive, and decent employment is the biggest challenge facing Asia today. That is the convincing message of this authoritative book. Full of sound research, the volume debunks the widely held view that labour market rigidities are a major obstacle to employment creation. Instead, improving the incomes of the hundreds of millions of poor who work and creating more good jobs rely on the coordination of macroeconomic and social policies. It would be a welcome achievement if this book serves to put the employment challenge central to the policy agendas in Asia.' - Duncan Campbell, Director, Policy Integration Department, International Labour Organization

About the Author

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 Centre for Economic & Public Policy, University of Cambridge, UK. He works on issues relating to long-run growth in Asia, and specializes in productivity measurement and technological progress. His research interests spread across areas such as growth (especially the debate on the sources of growth in East Asia), the functional distributional of distribution, business cycles, profit rates, and labor markets. He has held academic positions with the Hong Kong University of Science and Technology (Hong Kong, PRC) during 1995-996, and with the Georgia Institute of Technology (Atlanta, USA), during 1999-2002.

RANA HASAN is an Economist with the Development Indicators and Policy Research Division of the Economics and Research Department of the Asian Development Bank (Manila, Philippines). His research interests lie in exploring the impact of market-oriented economic reforms on productivity growth and labor market outcomes. He has examined the impact of trade and industrial policies on returns to scale and productivity in Indian firms. More recently, he has examined the linkages between trade liberalization and wage inequality and the relationships between trade liberalization, labor regulations, and the demand for industrial labor. He worked as a Fellow in the Research Program of the East-West Center in Honolulu, Hawaii during 2000-2003.

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