Employment and development in Asia
Rolph van der Hoeven
No 107, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)
How have economic development, employment, and labour markets in Asian countries interacted since the publication of Myrdalâ€™s Asian Drama?Myrdal rejected, the western approach to and definition of employment and emphasized the role of â€˜informalâ€™ employment, but he underestimated the effects of the Lewisian development process.In fast-growing countries with better labour market development, initial conditions have played a role, though less than Myrdal predicted. Myrdalâ€™s concept of cumulative causation better explains how fast-growing countries with better labour markets have developed. These countries have pursued a developmental state and applied interventionist policies in agriculture, industry, and macroeconomics, as well as in social policies and in strengthening the position of women in the labour market.Successful countries are also characterized by initial low-income inequality and targeted redistribution of factors of production. For some countries, though, growing inequality together with other development challenges can, if not attended to, become a problem in the future.
Keywords: Economic growth; Income distribution; Labor; Productivity; Employment; Macroeconomic policy; Human capital (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://www.wider.unu.edu/sites/default/files/Publi ... r/PDF/wp2018-107.pdf
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:wp2018-107
Access Statistics for this paper
More papers in WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER) Contact information at EDIRC.
Bibliographic data for series maintained by Mauricio Roa Grisales ().