The State of Labour

The Global Financial Crisis and its Impact

Business & Finance, Career Planning & Job Hunting, Labor, Economics, International Economics
Cover of the book The State of Labour by , Taylor and Francis
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Author: ISBN: 9781317560029
Publisher: Taylor and Francis Publication: August 7, 2014
Imprint: Routledge India Language: English
Author:
ISBN: 9781317560029
Publisher: Taylor and Francis
Publication: August 7, 2014
Imprint: Routledge India
Language: English

This book analyzes the adverse effects of globalization and liberalization — acutely manifest in the increased financialization of capital and the concomitant global financial crisis of 2008–09 — on the labour force, especially in the developing countries. Drawing upon case studies from several countries including India, Columbia, Malawi, Brazil and Thailand, it highlights the worsening plight of working class as a whole and informal labour in particular. The essays examine issues such as down-sizing, lowering of wages, insecurity and erosion of labour rights, and show how labour is grappling with the situation.

The volume critically re-assesses varied aspects of the growing informal sector: its dubious credential as an employment provider during crises; its non-adherence to internationally recognized standards of decent work; the problems and potential of workers' unions; and the need for a regulatory regime. It also discusses changes in the Indian labour market induced by business environment and technology as well as its future dynamics. Presenting a historical review of labour markets, the work explores the deregulation wave under the globalization of 1980s and the interactions between existing unstable asset markets and labour markets.

The book will prove especially useful to students and scholars in economics, labour studies and sociology, and those engaged in public policy and governance.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This book analyzes the adverse effects of globalization and liberalization — acutely manifest in the increased financialization of capital and the concomitant global financial crisis of 2008–09 — on the labour force, especially in the developing countries. Drawing upon case studies from several countries including India, Columbia, Malawi, Brazil and Thailand, it highlights the worsening plight of working class as a whole and informal labour in particular. The essays examine issues such as down-sizing, lowering of wages, insecurity and erosion of labour rights, and show how labour is grappling with the situation.

The volume critically re-assesses varied aspects of the growing informal sector: its dubious credential as an employment provider during crises; its non-adherence to internationally recognized standards of decent work; the problems and potential of workers' unions; and the need for a regulatory regime. It also discusses changes in the Indian labour market induced by business environment and technology as well as its future dynamics. Presenting a historical review of labour markets, the work explores the deregulation wave under the globalization of 1980s and the interactions between existing unstable asset markets and labour markets.

The book will prove especially useful to students and scholars in economics, labour studies and sociology, and those engaged in public policy and governance.

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