Description

The past few decades have witnessed the economic and geopolitical rise of a number of large middle-income countries around the world, which have to varying degrees embarked on a rapid path to economic development. This volume focuses on the labour market situations, trends and regulations in these emerging economies, examining how they have dealt with both short-term issues, namely the global financial crisis, and longer-term structural challenges.
Despite the economic progress made, improvements in the labour market have not been as impressive. Informality, working poverty and vulnerable employment continue to be the norm for most workers in these countries.
Part I of the volume compares labour market trends and the institutional and regulatory environments, referencing a range of countries including China and India. Part II includes in-depth case studies of Brazil, Indonesia, South Africa and Turkey. Overall, the volume shows that countries with effective policies and institutions in place are better equipped to tackle labour market challenges.