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Globalization, industrialization and labour markets

Rasiah, Rajah, McFarlane, Bruce and Kuruvilla, Sarosh (2015) Globalization, industrialization and labour markets. Journal of the Asia Pacific Economy, 20 (1). pp. 2-13. ISSN 1354-7860

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Identification Number: 10.1080/13547860.2014.974313


While mainstream accounts of globalization are telling us that liberalization is essential for engendering the conditions of prosperity across the world, we argue that selective interventions are necessary to ensure that these processes open the path to the high road to industrialization. While recognizing the importance of relative surplus appropriation through technological deepening as the engine of capitalist accumulation, the extant evidence suggests that a proactive state focusing on enhancing labour is pertinent to ensure sustainable long-term industrialization and structural change so that the material conditions of workers improve over time. Hence, this article provides the introduction to globalization, industrialization and labour market experiences in selected East and South Asian economies.

Item Type: Article
Official URL:
Additional Information: © 2014 Taylor & Francis
Divisions: Management
Subjects: D History General and Old World > DS Asia
H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD2329 Industrialization
JEL classification: F - International Economics > F2 - International Factor Movements and International Business > F23 - Multinational Firms; International Business
J - Labor and Demographic Economics > J2 - Time Allocation, Work Behavior, and Employment Determination and Creation; Human Capital; Retirement > J21 - Labor Force and Employment, Size, and Structure
O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O14 - Industrialization; Manufacturing and Service Industries; Choice of Technology
Date Deposited: 25 Jan 2016 16:03
Last Modified: 20 Aug 2021 00:58

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