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Labour, Employment and Economic Growth in India

Labour, Employment and Economic Growth in India IGDR Book review 10,1 Edited by K.V. Ramaswamy Cambridge University Press pp. 339 Hardcover ISBN-13: 978-1107096806 Review DOI 10.1108/IGDR-04-2017-052 Edited by Professor K.V. Ramaswamy of the Indira Gandhi Institute for Development Research (IGIDR), “Labour, Employment and Economic Growth in India” is a compilation of articles dedicated to labour market issues and institutions in India. This is an insightful book that makes an important policy contribution and substantiates it with data and thorough empirical investigation. While the first part of the book investigates trends in labour force participation, employment intensity and sectoral productivity using data from the National Sample Survey Organization (NSSO) and the Central Statistical Organization, the second part focuses on labour markets regulations and institutions. The articles are spread across ten chapters with different motivations; however, there are unifying themes that resonates throughout the book. According to the World Bank, by 2030, India will have the largest working age population in the world. This “Demographic dividend” is expected to raise economic growth. However, such a demographic dividend can only take place if growth is driven by “structural change” (Hasan et al. in Chapter 4), i.e. the reallocation of labour from low productive to high productive sectors as opposed http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Indian Growth and Development Review Emerald Publishing

Labour, Employment and Economic Growth in India

Barua, Rashmi
Indian Growth and Development Review , Volume 10 (1): 3 – Apr 10, 2017
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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
1753-8254
DOI
10.1108/IGDR-04-2017-052
Publisher site
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Abstract

IGDR Book review 10,1 Edited by K.V. Ramaswamy Cambridge University Press pp. 339 Hardcover ISBN-13: 978-1107096806 Review DOI 10.1108/IGDR-04-2017-052 Edited by Professor K.V. Ramaswamy of the Indira Gandhi Institute for Development Research (IGIDR), “Labour, Employment and Economic Growth in India” is a compilation of articles dedicated to labour market issues and institutions in India. This is an insightful book that makes an important policy contribution and substantiates it with data and thorough empirical investigation. While the first part of the book investigates trends in labour force participation, employment intensity and sectoral productivity using data from the National Sample Survey Organization (NSSO) and the Central Statistical Organization, the second part focuses on labour markets regulations and institutions. The articles are spread across ten chapters with different motivations; however, there are unifying themes that resonates throughout the book. According to the World Bank, by 2030, India will have the largest working age population in the world. This “Demographic dividend” is expected to raise economic growth. However, such a demographic dividend can only take place if growth is driven by “structural change” (Hasan et al. in Chapter 4), i.e. the reallocation of labour from low productive to high productive sectors as opposed

Journal

Indian Growth and Development Review – Emerald Publishing

Published: Apr 10, 2017

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