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Globalization, industrialization and labour markets

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  • Rajah Rasiah
  • Bruce McFarlane
  • Sarosh Kuruvilla

Abstract

While mainstream accounts of globalization are telling us that liberalization is essential for engendering the conditions of prosperity across the world, we argue that selective interventions are necessary to ensure that these processes open the path to the high road to industrialization. While recognizing the importance of relative surplus appropriation through technological deepening as the engine of capitalist accumulation, the extant evidence suggests that a proactive state focusing on enhancing labour is pertinent to ensure sustainable long-term industrialization and structural change so that the material conditions of workers improve over time. Hence, this article provides the introduction to globalization, industrialization and labour market experiences in selected East and South Asian economies.

Suggested Citation

  • Rajah Rasiah & Bruce McFarlane & Sarosh Kuruvilla, 2015. "Globalization, industrialization and labour markets," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 20(1), pages 2-13, January.
    • Handle: RePEc:taf:rjapxx:v:20:y:2015:i:1:p:2-13
    DOI: 10.1080/13547860.2014.974313
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    1. Veblen, Thorstein, 1915. "Imperial Germany and The Industrial Revolution," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number veblen1915.
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    Cited by:

    1. Gale Raj-Reichert, 2016. "Exposing forced labour in Malaysian electronics: the role of a social auditor in labour governance within a global production network," Global Development Institute Working Paper Series 052016, GDI, The University of Manchester.
    2. Nurliyana Mohd Basri & Zulkefly Abdul Karim & Noorasiah Sulaiman, 2020. "The Effects of Factors of Production Shocks on Labor Productivity: New Evidence Using Panel VAR Analysis," Sustainability, MDPI, vol. 12(20), pages 1-23, October.
    3. Evelyn S. Devadason, 2020. "Links Between International Factor Flows and Labor Standards in Malaysia: Findings from a Stakeholder Survey," Journal of Developing Societies, , vol. 36(1), pages 95-117, March.
    4. Xu, Bin & Lin, Boqiang, 2016. "Regional differences in the CO2 emissions of China's iron and steel industry: Regional heterogeneity," Energy Policy, Elsevier, vol. 88(C), pages 422-434.
    5. Xu, Bin & Lin, Boqiang, 2016. "Reducing CO2 emissions in China's manufacturing industry: Evidence from nonparametric additive regression models," Energy, Elsevier, vol. 101(C), pages 161-173.
    6. Bayari, Celal, 2018. "Economy and Market in China: The State, Wage Labour and the Construction of the ‘China Price’," MPRA Paper 100900, University Library of Munich, Germany, revised 04 Mar 2018.

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