Round Table Discussion of Problems of Individual Countries

S. Tsuru
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S. Tsuru: Hitotsubashi University

Chapter Chapter 21 in Problems in Economic Development, 1965, pp 363-369 from Palgrave Macmillan

Abstract: Abstract Professor Elliot Berg opened the discussion with a general summary of the situation in Africa. On the aggregate level, the importance of structural changes in early industrialization mentioned by several speakers is particularly great. Until recently, concern with the efficient use of labour resources was secondary ; the major problem was to find the man-power required by the expanding money economy. To induce men to enter wage employment, it was often necessary to permit partial commitment: e.g. the ‘task work’ system in agriculture and construction, under which men could quit after fixed daily tasks were completed, and the ‘ticket system’, under which a worker received a month’s pay when he had had his ticket punched thirty times. Both methods were in a sense wasteful and chaotic, but they did encourage men to enter wage employment.

Keywords: European Economic Community; Round Table Discussion; Early Industrialization; Ticket System; Partial Commitment (search for similar items in EconPapers)
Date: 1965
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-15223-0_21

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DOI: 10.1007/978-1-349-15223-0_21

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