Download This PaperThe Economics of Labor Law in Thailand, Viet Nam, and the United States
14 Pages Posted: 6 May 2025
Date Written: April 14, 2022
Abstract
Policymakers drafting labor laws usually are guided more by political considerations than by principles of law and economics. The labor laws of the three countries studied in this article-Thailand, Viet Nam, and the United States-are no different. This articles that employers, workers, and national institutions would be better served if law and economics principles were applied at the front end of new labor legislation, rather than being used only at the back end to measure the effects of new legislation.
Suggested Citation: Suggested Citation
Bales, Richard A. and Pruksacholavit, Panthip and Tran, Trang, The Economics of Labor Law in Thailand, Viet Nam, and the United States (April 14, 2022). Available at SSRN: https://ssrn.com/abstract=5216385 or http://dx.doi.org/10.2139/ssrn.5216385
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