Asia has undergone rapid economic transformation over the past two decades. Despite its constant economic growth, the 1997-98 Asian financial crisis and the resulting surge in unemployment highlighted the vulnerability of national systems that base development solely on economic growth.
This book fills a major research gap by exploring the nature, dynamics and functioning of Asian labour markets in eight major Asian economies, including Japan, South Korea, Hong Kong, Singapore, China, Vietnam, India and Malaysia. It examines the type of labour markets that exist in Asia; how they have responded to globalisation; and how flexible they are to changing social and economic conditions. The book analyses how the current transformation has impacted on the key parties, such as employers, employees, trade unions, governments, organisations and society as a whole, and considers the likely future trends and developments in Asian labour markets.
"This useful edited collection, using a series of expert contributors, examines in depth ‘the nature, the dynamics and the functioning of the Asian labour markets’ how they have been influenced by globalization in the past few decades and vis a vis today’s economic travails. The book has a very wide sweep and dissects the fundamentals of labour markets in the specific national context of the major economies of the region." - Malcolm Warner, University of Cambridge; JGM 2011
1. Labour markets in Asia: globalization and transition - John Benson and Ying Zhu 2. Labour markets in theory and practice: perspectives from Western industrial countries - Howard Gospel 3. Labour markets in Japan: change and continuity – John Benson 4. Labour markets in South Korea: transitions towards flexibilities? - Chris Rowley, Kil-Sang Yoo, and Dong-Heon Kim 5. Labour markets in Singapore: flexibility in adversity – Chris Leggett 6. Labour markets in Hong Kong: changes and advances after the 1997 reunification with China – Sek Hong Ng and Olivia Ip 7. Labour markets in China: coming to terms with globalization – Malcolm Warner 8. Labour markets in Vietnam: developments under the economic reform and globalization – Ying Zhu 9. Labour markets in India: informality and inequality - Debashish Bhattacherjee and Errol D’souza 10. Labour markets in Malaysia: evolution to a knowledge-based economy? - Nagiah Ramasamy and Chris Rowley 11. Labour markets in Asia: a comparative analysis - Ying Zhu and John Benson