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This book looks at the impacts of the Asian economic crisis on the labor market, examining how various countries respondedIt identifies the labour policy reforms needed in areas of unemployment benefit, active labour market programs, support for vulnerable groups and social dialogue.
Masina reassesses the last thirty years of economic development in East Asia in light of recent dramatic events, challenging scholars and policy makers to critically review development strategies.
This volume investigates the links between employment, trade and structural transformation. In the context of global rebalancing, accompanied by inevitable changes in trade patterns between Asia and the rest of the world, the volume’s chapters analyze the links between trade openness and trends in employment and its quality. Specifically, through Asian case studies (both analytical and econometric), the volume examines how trade and export-led growth models have led to specialization and evolving demands on various types of labor. The rapidly changing labor market contours in developing Asia during this era of globalization, along with the new context resulting from the recent global financial crisis and new insights from theoretical literature, have led to the need for such studies. This volume helps fill this gap in the literature.
Following the Asian economic crisis of the 1990s, this is the first book to examine the structure and transformation of the labor markets and social stratification of contemporary East Asia, namely Japan, Korea, Taiwan, and China, focusing in particular on gender inequality. It deals with social mobility and gender differences in unemployment, temporary employment and self-employment. Additionally, gender segregation, social identity and suicide rates are also addressed. Taken together, the issues raised in this volume reinforce the advantage of a comparative approach to East Asian Studies. The findings, supported by strong statistical analysis, clearly call into question a longstanding view that East Asian gender regimes and class structure are homogeneous. Indeed, this is demonstrably not the case, as Labor Markets, Gender and Social Stratification in East Asia shows, revealing as it does considerable diversities in labor markets, gender regimes, and social mobility within East Asian societies due to historical and institutional differences. Contributors include: Chang Chin-Fen, Kim Young-Mi, Oda Akiko, Phang Hanam, Sakaguchi Yusuke, Shibata Haruka, Takamatsu Rie, Takenoshita Hirohisa, Tarohmaru Hiroshi, Xie Guihua, and Yamato Reiko.
East Asia: The Road to Recovery carefully analyzes the events that led to the current economic crisis in East Asia, the tremendous effects the crisis has had on the Asian economies, and prospects for the region's future. Chapters in the book cover the region's trade and competitiveness; the financial sector at the center of the crisis; the corporate sector's financial performance and governance; the social crisis resulting from the financial crash; protection of the environment as well as the people; and policies for sustainable recovery. This book not only discusses how this catastrophe could ever have taken place, but more importantly, what can be done to ensure that it won't happen again.
The economic deregulation that followed the East Asian financial crisis and recession in the 1990s blocked youth from the labor market. This issue investigates the resulting youth labor crisis and its predominant manifestations--youth unemployment and underemployment. The contributors examine these phenomena not as social anomalies but as the new faces of labor for youth. They conceptualize this situation as emblematic of a global crisis in capitalism and study how the politics of youth unemployment and underemployment emerge interconnected in China, Japan, and South Korea. The essays highlight how political leaders in these countries gamble with the futures of their young people to secure their places in neoliberal globalization, disconnecting national futures from personal ones. Gabriella Lukács is associate professor of anthropology at the University of Pittsburgh. She is the author of Scripted Affects, Branded Selves: Television, Subjectivity, and Capitalism in 1990s Japan, also published by Duke University Press. Contributors: Cho Hae-joang, Jennifer Jihye Chun, Mark Driscoll, Michael Fisch, Ju Hui Judy Han, Anita Koo, Gabriella Lukács, Pun Ngai, Xia Zhang
This study examines the social impact of the Asian financial crisis which began in July 1997. Several countries experienced an economic shock of unprecedented severity after decades of uninterrupted growth. The severe rise in unemployment and its repercussions in the worst-affected countries (Thailand, Republic of Korea and Indonesia) overwhelmed the underdeveloped systems of social protection. Higher unemployment and inflation combined to push many people into poverty. A central policy message is that current programmes of policy and institutional reform following the crisis, should include a basic rethinking of the social dimension of the future model of development. The author also argues for the introduction of unemployment insurance, the expansion of social assistance and the strengthening of active labour market policies.