The Socio-Economic Challenges Facing Asia Due to Insufficient Earnings and Employment

Ashish Singh Tomar

MPRA Paper from University Library of Munich, Germany

Abstract: Despite inadequate earnings and employment, Asia continues to face socio economic challenges that existed prior to the pandemic and have contributed to the region's difficulty in creating decent jobs and advancing towards employment. From an Asian perspective, the purpose of this study is to examine, from an Asian perspective, the extent and influence of vulnerabilities among workers as well as the socio-economic challenges they pose to the economy. After a systematic analysis of literary sources and approaches to addressing the issue of vulnerable employment, a conclusion can be drawn that such employment is unsustainable. This is based on the analysis of literary sources and approaches. As a result, it does not promote a stable economy, a strong workforce, or a stable social environment. There has also been evidence to support the idea that the appearance of such a trend has the potential to cause social unrest as a result of such a tendency. In the Asian context, it is imperative that we examine the classical definition of vulnerable employment in the context of Asian markets in order to assess the relevance of this scientific problem. In addition to the study of the effects of certain socio-economic factors on the employment of vulnerable individuals, and/or strengthening the adverse effects of vulnerable employment on those already in need, we should also examine the effects of vulnerability on those already affected.

Keywords: Labor and economic impact; Vulnerable labor and Asia; Socio-Economic Challenges and employment; insufficient earnings in Asia; Socio-economic challenges and labor (search for similar items in EconPapers)
JEL-codes: A13 A14 E24 J21 (search for similar items in EconPapers)
Date: 2022-10-16
New Economics Papers: this item is included in nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Amity University Press 2.4(2022): pp. 57-66

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/115540/1/MPRA_paper_115540.pdf original version (application/pdf)

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:pra:mprapa:115540

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().