Changes in the Labor Market Since India's Economic Reforms

6 Pages Posted: 27 Aug 2014

See all articles by Woong Lee

Woong Lee

Hankuk University of Foreign Studies

Young Chul Song

Korea Small Business Institute (KOSBI)

Choong Jae Cho

Korea Institute for International Economic Policy

Yoon-Jung Choi

Korea Institute for International Economic Policy

Date Written: March 14, 2014

Abstract

This report examines changes in the Indian labor market since the economic reforms of 1991. Analyzed here is the direction toward which the labor market moved, as the economic reform has proceeded, with particular focus on the labor market change pre-and-post reform. For the distinction by period, four phases are defined as follows: the period of economic reform by external factors after the 1991 reform, the period of economic reform that reflected domestic demand, the period of booming economy and then the period after the global financial crisis. In industrial relation analysis, the time period under discussion is simply divided into two by 1991 economic reform as the divider because there has not been much change in labor market institutions, including industrial relations, compared to other sectors.

Keywords: Economic Reform, Labor Market, Employment structure, Industrial relations, India

Suggested Citation

Lee, Woong and Song, Young Chul and Cho, Choong Jae and Choi, Yoon-Jung, Changes in the Labor Market Since India's Economic Reforms (March 14, 2014). KIEP Research Paper No. World Economic Update-14-11, Available at SSRN: https://ssrn.com/abstract=2487704 or http://dx.doi.org/10.2139/ssrn.2487704

Woong Lee (Contact Author)

Hankuk University of Foreign Studies ( email )

270 Imun-dong Dongdaemun-gu
Seoul, 130-791
Korea, Republic of (South Korea)

Young Chul Song

Korea Small Business Institute (KOSBI) ( email )

Korea, Republic of (South Korea)

Choong Jae Cho

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Yoon-Jung Choi

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

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