Economic Restructuring Unemployment And Growth In A Transition Economy
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Author | : Mr.Bankim Chadha |
Publisher | : International Monetary Fund |
Total Pages | : 49 |
Release | : 1993-03-01 |
Genre | : Business & Economics |
ISBN | : 1451843321 |
This paper develops a model of the process of reallocation of labor from the state sector to the private sector. When growth is exogenously determined, we show that in the initial stages of transition unemployment will rise over time. After a critical stage in the transition process, restructuring is accompanied by a decline in unemployment. When growth is endogenously determined, and human capital is acquired by learning-by-doing, we show that whether restructuring eventually occurs is determined by the level of human capital in the private sector and the rate of unemployment. The effects of various shocks and government policies in affecting the costs, speed, and eventual outcome of restructuring are analyzed.
Author | : |
Publisher | : |
Total Pages | : 300 |
Release | : 2003 |
Genre | : Computer network resources |
ISBN | : |
Author | : Bankim Chadha |
Publisher | : |
Total Pages | : 49 |
Release | : 2006 |
Genre | : |
ISBN | : |
This paper develops a model of the process of reallocation of labor from the state sector to the private sector. When growth is exogenously determined, we show that in the initial stages of transition unemployment will rise over time. After a critical stage in the transition process, restructuring is accompanied by a decline in unemployment. When growth is endogenously determined, and human capital is acquired by learning-by-doing, we show that whether restructuring eventually occurs is determined by the level of human capital in the private sector and the rate of unemployment. The effects of various shocks and government policies in affecting the costs, speed, and eventual outcome of restructuring are analyzed.
Author | : Norene Pupo |
Publisher | : University of Toronto Press |
Total Pages | : 316 |
Release | : 2010-01-01 |
Genre | : Social Science |
ISBN | : 1442600578 |
Interrogating the New Economy is a collection of original essays investigating the New Economy and how changes ascribed to it have impacted labour relations, access to work, and, more generally, the social and cultural experiences of work in Canada. Based on years of participatory research, sector-specific studies, and quantitative and qualitative data collection, the work accounts for the ways in which the contemporary workplace has changed but also the extent to which older forms of work organization still remain. The collection begins with an overview of the key social and economic transformations that define the New Economy. It then illustrates these transformations through examples, including essays on wine tourism, the regeneration of mining communities, the place of student workers, and changes in the public service workplace. It also addresses unions and their responses to the restructuring of work, as well as other forms of resistance.
Author | : William J. Baumol |
Publisher | : Mit Press |
Total Pages | : 395 |
Release | : 1991 |
Genre | : Business & Economics |
ISBN | : 9780262521635 |
Productivity and American Leadership examines and analyzes the long-run productivity performance of the United States, comparing it with that of the other industrialized nations. It shows that the U.S. record, both recent and over longer periods, is far better than is widely believed.William J. Baumol is Professor of Economics at Princeton University and New York University. Sue Anne Batey Blackman is Senior Research Assistant in the Department of Economics at Princeton University. Edward N. Wolff is Professor of Economics at New York University.
Author | : |
Publisher | : World Bank Publications |
Total Pages | : 28 |
Release | : |
Genre | : |
ISBN | : |
Author | : P. G. Hare |
Publisher | : Taylor & Francis |
Total Pages | : 244 |
Release | : 1997 |
Genre | : Business & Economics |
ISBN | : 9780415149259 |
Author | : Yinxing Hong |
Publisher | : Springer |
Total Pages | : 243 |
Release | : 2016-04-01 |
Genre | : Business & Economics |
ISBN | : 9812878432 |
This book by the renowned Chinese scholar Dr. Yinxing Hong provides the reader with a perceptive analysis of what has worked in China’s development model. Over the past 30 years, China has experienced a remarkable economic rise, but it now faces the challenge of switching the drivers of this economic growth, which have proven so successful. The path has not been an easy one, and many challenges lie ahead. However, the rise of the Chinese economy has been the most significant global development in recent years. Is there a specific Chinese model? How was the Chinese transition, from a Soviet-style economic structure to one that is more open to market influences and the global market, achieved? In 15 essays, Dr. Hong provides fascinating insights to these and other key questions. The essays cover the challenges involved in transition and how the market-oriented reforms progressed; what the consequences of the transition were for public goods provision and how China opened up its economic system. The essays in Part II address the remaining challenges facing rural areas trying to develop a more consumer-driven economic base, and how to effectively modify the model of economic development. This book provides a sound basis for policymakers and scholars alike, as well as anyone who wants to get an insider’s view of the progress and challenges faced by China’s economic development.
Author | : |
Publisher | : |
Total Pages | : 304 |
Release | : 1939 |
Genre | : Public welfare |
ISBN | : |
Author | : Hyeon-Wook Kim |
Publisher | : Brookings Institution Press |
Total Pages | : 376 |
Release | : 2020-02-25 |
Genre | : Business & Economics |
ISBN | : 0815737769 |
Growth in a Time of Change: Global and Country Perspectives on a New Agenda is the first of a two-book research project that addresses new issues and challenges for economic growth arising from ongoing significant change in the world economy, focusing especially on technological transformation. The project is a collaboration between the Brookings Institution and the Korea Development Institute. Part I of the book looks at key elements of change from a global perspective. It analyzes how technological change, shifts in investment, and demographic transition are affecting potential economic growth globally and across major groups of economies. The contributors explore possible scenarios for the global economy as the digital revolution drives rapid technological change, including impacts on growth, jobs, income distribution, trade balances, and capital flows. Technology is changing the global configuration of comparative advantage and globalization increasingly has a digital dimension. The implications of these developments for the future of sectors such as manufacturing and for international trade are assessed. Part II of the book addresses new issues in the growth agenda from the perspective of an individual major economy: South Korea. The chapters in this section analyze how macroeconomic developments and technological change are influencing the behavior of households and firms in terms of their decisions to consume, save, and invest. Rising income and wealth inequalities are a major concern globally. Against this backdrop, trends in the labor income share and wage inequalities in South Korea are analyzed in terms of the role played by technology, industrial concentration, shifts in labor demand and supply, and other factors. Throughout the book, the contributors, in their analysis of both global and Korea-specific trends and prospects, place emphasis on drawing implications for policy.