Impact of economic reforms on labour, Microeconomics

Impact of Economic Reforms on Labour:

It would be of interest to study the industrial relations scenario in the pre-reform and post-reform period. Data provided in table 8.4 reveals that during 1981-90 - the decade before the introduction of economic reforms, a total of 402 million mandays were lost, out of which 216 million (53.8 per cent) were accounted for by strikes and the remaining about 186 million (46.2 per cent) were due to lockouts. However, in the decade following economic reforms i.e. 1991-2000 - the post reform period witnessed a decline in the total number of mandays lost to 230 million, out of which strikes accounted for 92 million (39.8 per cent) and lockouts for 138 million (60.2 per cent). This implies that the proportion of mandays loss due to lockouts was much higher in the post-reform period than in pre-reform period. As a result of the policies of privatisation followed by the state, employers got emboldened and this increased employers' militancy. 

Even during the 3-year period (2001-03), the situation further worsened and the proportion of mandays lost due to lockouts went up to 77 per cent as against only 23 per cent due to strikes.

 

Posted Date: 11/15/2012 2:34:43 AM | Location : United States







Related Discussions:- Impact of economic reforms on labour, Assignment Help, Ask Question on Impact of economic reforms on labour, Get Answer, Expert's Help, Impact of economic reforms on labour Discussions

Write discussion on Impact of economic reforms on labour
Your posts are moderated
Related Questions
It is clear that monopsony in the labor market is not steady with allocative efficiency and has the effect of withholding significant amounts the employees' MRP from them, that bec

I need help on MCQs on international trade and imperfect competetion

Iso-quant: The dots in the above Figure denotes the various combinations of (L, K) that the producer can pick up from form to produce. Among these combinations, there can be t

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

What is ceteris Paribus?  Ceteris paribus is a Latin phrase, literally translated as "other things the similar," and usually rendered in English as "all other things being equa

Explain why each of the following factors may influence the own price elasticity of demand for a commodity. (i) Consumer preferences, that is, whether consumers regard the commod

discuss whether marginal utility is a realistic piece of economic analysis in explaining consumer demand

International development association: Part of the challenge entails reorienting surveillance, the process through which the BW institutions policy advice is delivered, to mak

Money: Broadly speaking, money is anything which can be used as a means of payment (for instance, to settle a debt). It includes bank deposits, actual currency, credit cards and li

Tariff: A tariff is a tax imposed on the purchase of imports. It is generally imposed in order to stimulate more domestic production of the product in question (rather than meeting