Type | Journal Article - Journal of Asian Economics |
Title | Industrialization and poverty reduction in East Asia: Internal labor movements matter |
Author(s) | |
Volume | 48 |
Publication (Day/Month/Year) | 2017 |
Page numbers | 23-37 |
URL | http://www2.hawaii.edu/~baybars/Kimura and Chang.pdf |
Abstract | A number of developing East Asian countries have achieved both rapid economic growth and poverty reduction by effectively utilizing global value chains. An essential condition for their economic development, though often being neglected, is smooth labor movements from the rural/traditional/informal to urban/modern/informal sectors. This paper demonstrates that such labor movements have played an important role in the process of industrialization with global value chains. After conducting some international comparison, we examine the case of Thailand for its massive labor movements until the mid-2000s as well as discussing stagnant moves in recent years. |