Changes in the Labor Market Since India's Economic Reforms

Woong Lee, Young Chul Song (), Choong Jae Cho () and Yoon-Jung Choi ()
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Young Chul Song: Korea Institute for International Economic Policy
Choong Jae Cho: Korea Institute for International Economic Policy
Yoon-Jung Choi: Korea Institute for International Economic Policy

No 14-11, World Economy Brief from Korea Institute for International Economic Policy

Abstract: This report examines changes in the Indian labor market since the economic reforms of 1991. Analyzed here is the direction toward which the labor market moved, as the economic reform has proceeded, with particular focus on the labor market change pre-and-post reform. For the distinction by period, four phases are defined as follows: the period of economic reform by external factors after the 1991 reform, the period of economic reform that reflected domestic demand, the period of booming economy and then the period after the global financial crisis. In industrial relation analysis, the time period under discussion is simply divided into two by 1991 economic reform as the divider because there has not been much change in labor market institutions, including industrial relations, compared to other sectors.

Keywords: Economic Reform; Labor Market; Employment Structure; Industrial Relations; India (search for similar items in EconPapers)
Pages: 6 pages
Date: 2014-03-14
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Persistent link: https://EconPapers.repec.org/RePEc:ris:kiepwe:2014_011

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