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

In the table below are given the output (X), T.C., and Price for a firm. Complete the following table, and then answer the questions at the bottom of the table.   X T.C P=A.R

An ole firm can use its own data of past years regarding its sales in past years. These data are known as time series of sales. A firm can predict sales of its product by fitting t

what do you understand by linear break-even point? in what way is it useful in managerial economics? what are the assumptions underlying the analysis?

determination of optimal solution mathematical presentation

Problem : (a) With reference to the characteristics of market structure, explain why the market for powdered milk in Mauritius is an appropriate example of monopolistic compet

Low levels of productivity: In addition to low standards of living, developing countries are characterized by relatively low levels of labour productivity. Throughout the dev

Demand Pull Inflation and Cost-Push Inflation: Demand Pull Inflation: It describes a sustained increase in the general price level that is caused by a permanent increase in n

Mathematical representation - Inflation Unemployment Trade-off : Suppose that firms correctly perceive the state of demand in the economy and the rate of price inflation. The

Boltzmann Distribution: In most cases of interest of chemistry the particles adopt the Boltzmann distribution. Qualitative considerations: the general expression for W given by eq