Disguised Unemployment in Underdeveloped Areas

Disguised Unemployment in Underdeveloped Areas PDF Author: Yong Sam Cho
Publisher: Univ of California Press
ISBN: 0520311302
Category :
Languages : en
Pages : 144

Get Book Here

Book Description
The purpose of this book is to examine the accepted concepts and theories on surplus labor in underdeveloped agricultural economics, particularly in the literature on "disguised unemployment." By doing so, the author clears tha way toward finding a more valid theoretical concept of this vital subject, which is the core of potential economic and social development in the underdeveloped countries. The author, after establishing a more realistic and workable definition of surplus labor on the basis of a closer investigation of the extended family-clan-village system, so typical of the tradition-guided underdeveloped societies, proceeds to work out a method for measuring true surplus labor, with rural South Korea as a case example. Of particular interest is the author's distinction between two types of surplus labor: technical (open) idle labor and the tradition-directed (closed) idle labor. Thus having obtained quantitative data on the extent of underemployment in South Korea, the author continues with a discussion of policy implications in the employment structure of underdeveloped countries, and constructs a proposed program for the utilization of surplus labor, without the application of totalitarian methods, without waiting for the availability of additional capital from the outside, and without making a change in traditional instituions and a priori condition for the utilization of idle labor. This program calls for capital improvements within the agricultural area, financed by the agricultural sector itself, after it is shown through statistical data that capital improvements in agriculture yield quicker and greater results than in other sectors of the economy. The author also attempts to show how such a program would not only put to work a major part of unutilized labor on agricultural development projects, but would also pave the way toward a gradual dissolution of those social traditions and institutions that have been economically hampering and that have been, thereby, an important cause of perpetuating economic and social stagnation. The author also claims for his program the aded virtue of minimizing the social unrest that results from economic distress, thus safeguarding political stability within the framework of needed reform. The government of the Republic of Korea cooperated closely with the author in carrying out the research underlying this study. Basic statistical data were obtained through the cooperation of the research department of the Bank of Korea. This title is part of UC Press's Voices Revived program, which commemorates University of California Press's mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1963.

Disguised Unemployment in Underdeveloped Areas

Disguised Unemployment in Underdeveloped Areas PDF Author: Yong Sam Cho
Publisher: Univ of California Press
ISBN: 0520311302
Category :
Languages : en
Pages : 144

Get Book Here

Book Description
The purpose of this book is to examine the accepted concepts and theories on surplus labor in underdeveloped agricultural economics, particularly in the literature on "disguised unemployment." By doing so, the author clears tha way toward finding a more valid theoretical concept of this vital subject, which is the core of potential economic and social development in the underdeveloped countries. The author, after establishing a more realistic and workable definition of surplus labor on the basis of a closer investigation of the extended family-clan-village system, so typical of the tradition-guided underdeveloped societies, proceeds to work out a method for measuring true surplus labor, with rural South Korea as a case example. Of particular interest is the author's distinction between two types of surplus labor: technical (open) idle labor and the tradition-directed (closed) idle labor. Thus having obtained quantitative data on the extent of underemployment in South Korea, the author continues with a discussion of policy implications in the employment structure of underdeveloped countries, and constructs a proposed program for the utilization of surplus labor, without the application of totalitarian methods, without waiting for the availability of additional capital from the outside, and without making a change in traditional instituions and a priori condition for the utilization of idle labor. This program calls for capital improvements within the agricultural area, financed by the agricultural sector itself, after it is shown through statistical data that capital improvements in agriculture yield quicker and greater results than in other sectors of the economy. The author also attempts to show how such a program would not only put to work a major part of unutilized labor on agricultural development projects, but would also pave the way toward a gradual dissolution of those social traditions and institutions that have been economically hampering and that have been, thereby, an important cause of perpetuating economic and social stagnation. The author also claims for his program the aded virtue of minimizing the social unrest that results from economic distress, thus safeguarding political stability within the framework of needed reform. The government of the Republic of Korea cooperated closely with the author in carrying out the research underlying this study. Basic statistical data were obtained through the cooperation of the research department of the Bank of Korea. This title is part of UC Press's Voices Revived program, which commemorates University of California Press's mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1963.

Disguised Unemployment in Areas with Special Reference to South Korean Agriculture

Disguised Unemployment in Areas with Special Reference to South Korean Agriculture PDF Author: Yong Sam Cho
Publisher: Univ of California Press
ISBN:
Category :
Languages : en
Pages : 184

Get Book Here

Book Description


2024-25 TGT/PGT Economics Solved Papers

2024-25 TGT/PGT Economics Solved Papers PDF Author: YCT Expert Team
Publisher: YOUTH COMPETITION TIMES
ISBN:
Category : Antiques & Collectibles
Languages : en
Pages : 1330

Get Book Here

Book Description
2024-25 TGT/PGT Economics Solved Papers

IMF Staff papers

IMF Staff papers PDF Author: International Monetary Fund. Research Dept.
Publisher: International Monetary Fund
ISBN: 1451956355
Category : Business & Economics
Languages : en
Pages : 270

Get Book Here

Book Description
This paper focuses on theoretical and policy issues posed by financial integration among industrial countries since the mid-1950s. The problems of measuring international financial integration and of estimating its trend over the years are also explored. The role of the Euro-dollar market, as a major financial intermediary that channels short-term funds between the money markets of the industrial countries, is examined first. An econometric analysis of factors influencing the Euro-dollar interest rate indicates that its movements are dominated by conditions in the United States and suggests a high degree of integration between the US and Euro-dollar capital markets. However, the results also lend some support to the view that the Euro-dollar rate is influenced by conditions in Europe, particularly by bursts of speculation. Since neither sterilization policies nor intervention in capital movements is likely to be entirely successful, highly integrated economies might also tend to determine their interest rates partly in the light of interest rate developments overseas.

Macroeconomics

Macroeconomics PDF Author: K.R. Gupta
Publisher: Atlantic Publishers & Dist
ISBN: 9788126909636
Category :
Languages : en
Pages : 720

Get Book Here

Book Description


Problems of Capital Formation in Underdeveloped Countries

Problems of Capital Formation in Underdeveloped Countries PDF Author: Ragnar Nurkse
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 198

Get Book Here

Book Description


Disrupted Development and the Future of Inequality in the Age of Automation

Disrupted Development and the Future of Inequality in the Age of Automation PDF Author: Lukas Schlogl
Publisher: Springer Nature
ISBN: 3030301311
Category : Social Science
Languages : en
Pages : 108

Get Book Here

Book Description
This open access book examines the future of inequality, work and wages in the age of automation with a focus on developing countries. The authors argue that the rise of a global ‘robot reserve army’ has profound effects on labor markets and economic development, but, rather than causing mass unemployment, new technologies are more likely to lead to stagnant wages and premature deindustrialization. The book illuminates the debate on the impact of automation upon economic development, in particular issues of poverty, inequality and work. It highlights public policy responses and strategies–ranging from containment to coping mechanisms—to confront the effects of automation.

Economics of Development and Planning

Economics of Development and Planning PDF Author: Kulwant Rai Gupta
Publisher: Atlantic Publishers & Dist
ISBN: 9788126910106
Category : Developing countries
Languages : en
Pages : 474

Get Book Here

Book Description


Public Finance in Underdeveloped Countries

Public Finance in Underdeveloped Countries PDF Author: Alan Richmond Prest
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 176

Get Book Here

Book Description


Development Economics

Development Economics PDF Author: HL Ahuja
Publisher: S. Chand Publishing
ISBN: 9385676474
Category :
Languages : en
Pages : 800

Get Book Here

Book Description
A result of more than four decades of teaching experience, this book deals with the problems of economic growth, development and eradication of poverty and unemployment. The book also includes an analytical study of important issues of environment and sustainable development. The book not only explains the models and theories of economic growth but also critically evaluates their relevance to developing countries. A major highlight of discussion in the context is the exploration of the widely accepted Amartya Sen’s Capability Approach to development.