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Labour Market & Institution in India

by Shuji Uchikawa | 01 January 2003
Hardback
Category: Economics
Synopsis
The purpose of this study is to examine change of institution in labour market after economic reforms. A dynamic element was introduced in the economy with reforms in an effort to achieve more flexibility in the system. The introduction of flexibility in the labour market led to some displacement of labour and an in formalization of the labour force. On the other hand, reallocation of labour from declining to profitable sectors took place significantly within the organized sector and between the organized and the unorganised sectors. Labour market is different from other markets in role of institution. Institution plays an important role in labour market. At macro level, not only labour laws and trade unions but also subcontracting affect market. The value of subcontracting activity was growing at a faster rate than growth rate of output in organized manufacturing during the 1990s. At micro level, wage of employees depends on recruitment and promotion system and labour management. External and internal labour market institutions are primarily concerned with fairness in the distribution of workload and wages, within the non-market framework of the employment relation. Economic reforms had different impacts on industries and sector. We analyse the organized sector, the unorganised sector, the financial sector, declining sector and subcontracting sector.
€49.00
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Currently out of stock
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Synopsis
The purpose of this study is to examine change of institution in labour market after economic reforms. A dynamic element was introduced in the economy with reforms in an effort to achieve more flexibility in the system. The introduction of flexibility in the labour market led to some displacement of labour and an in formalization of the labour force. On the other hand, reallocation of labour from declining to profitable sectors took place significantly within the organized sector and between the organized and the unorganised sectors. Labour market is different from other markets in role of institution. Institution plays an important role in labour market. At macro level, not only labour laws and trade unions but also subcontracting affect market. The value of subcontracting activity was growing at a faster rate than growth rate of output in organized manufacturing during the 1990s. At micro level, wage of employees depends on recruitment and promotion system and labour management. External and internal labour market institutions are primarily concerned with fairness in the distribution of workload and wages, within the non-market framework of the employment relation. Economic reforms had different impacts on industries and sector. We analyse the organized sector, the unorganised sector, the financial sector, declining sector and subcontracting sector.
€49.00
147 Reward Points
Currently out of stock
Delivery in 5-7 Days (Delivery may be delayed during Christmas season)
Eligible for free delivery

Any purchases for more than €10 are eligible for free delivery anywhere in the UK or Ireland!


Product Details

ISBN - 9788173044861
Format - Hardback
Publisher -
Published - 01/01/2003
Categories - All, Books, Business Computers, Finance, Economics
No. of Pages - 184
Weight - 384
Edition -
Series - - Not Available
Page Size - 23
Language - en-US
Readership Age - Not Available
Table of Contents - Not Available

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