Transition from central planning to a market economy in Asian countries has invariably changed the pattern of employment. In all these countries, employment and wage levels have become increasingly determined by labour supply and demand and the market has been replacing central planning and administrative control as the key mechanism for labour allocation. Open unemployment emerged everywhere, indicating a radical departure from the socialist practice of full employment. Changes in the employment structure have been related to the process of privatization, restructuring and transitional reforms. As employment was the main or the only source of income for an increasing share of the population, the impact of labour market changes on people’s well-being during the transition has been most significant. This chapter examines some of the major characteristics of those changes in Asian Transitional Economies (ATEs), and explores the impact of government policies on the performance of the emerging labour market.

Aiguo, L.u., Verme, P. (2002). Labour Markets in Asian Transition Economies. London : Palgrave Macmillan.

Labour Markets in Asian Transition Economies

Verme, Paolo
2002

Abstract

Transition from central planning to a market economy in Asian countries has invariably changed the pattern of employment. In all these countries, employment and wage levels have become increasingly determined by labour supply and demand and the market has been replacing central planning and administrative control as the key mechanism for labour allocation. Open unemployment emerged everywhere, indicating a radical departure from the socialist practice of full employment. Changes in the employment structure have been related to the process of privatization, restructuring and transitional reforms. As employment was the main or the only source of income for an increasing share of the population, the impact of labour market changes on people’s well-being during the transition has been most significant. This chapter examines some of the major characteristics of those changes in Asian Transitional Economies (ATEs), and explores the impact of government policies on the performance of the emerging labour market.
2002
Poverty, Income Distribution and Well-Being in Asia during the Transition
58
80
Aiguo, L.u., Verme, P. (2002). Labour Markets in Asian Transition Economies. London : Palgrave Macmillan.
Aiguo, Lu; Verme, Paolo
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11585/997269
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