The labour surplus and COVID‐19: the outlook for Chinese migrant low‐skilled workers

Jenny Jing Wang

Accounting and Finance, 2022, vol. 62, issue 1, 577-596

Abstract: This paper investigates the disruption to global supply chains caused by COVID‐19 and how such disruptions will affect the participation of Chinese businesses in those chains. The focus is on the post‐COVID‐19 outlook for migrant workers working in the hospitality and garment industries. It is argued that managers within global supply chains will use accounting processes to maintain profitability by cutting costs. Moreover, within corporate supply chains, wages will be driven down in an increasingly competitive labour market, especially for low‐skilled workers. The findings show that COVID‐19 will have an adverse effect on wages and employment and raise performance expectations.

Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/acfi.12800

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:acctfi:v:62:y:2022:i:1:p:577-596

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0810-5391

Access Statistics for this article

Accounting and Finance is currently edited by Robert Faff

More articles in Accounting and Finance from Accounting and Finance Association of Australia and New Zealand Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().