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Author: Mohammed Sharif
Publisher: Routledge
ISBN: 1351759906
Category : Social Science
Languages : en
Pages : 192
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Book Description
This title was first published in 2003. The working poor of the world are observed to engage in long hours in hard jobs and to work more if wages are further reduced. Mainstream economics brushes off this tendency to increase labour supply as wages fall as perverse because it does not fit the conventional wisdom and tries to explain it as a result of "subsistence mentality", "limited aspiration", or "target income" behaviour of the poor. This however ignores the observed fact that the poor work long hard hours but most of the time, fail to meet their minimum needs of subsistence and live impoverished lives in absolute poverty deficient of both food and physical rest. This book postulates that the observed behaviour is the result of economic distress the working poor suffer and analyses it as a rational behaviour using the conventional utility maximization framework and derives both theoretical and empirical results consistent with the observation. This book aims to correct a serious misconception persisting in the literature relating to the working-poor labour-supply behaviour that is almost universally observed. It also goes onto develop, using the supply function, a methodology to determine the standard of subsistence income and physical rest for the worker.
Author: Mohammed Sharif
Publisher: Routledge
ISBN: 1351759906
Category : Social Science
Languages : en
Pages : 192
Get Book Here
Book Description
This title was first published in 2003. The working poor of the world are observed to engage in long hours in hard jobs and to work more if wages are further reduced. Mainstream economics brushes off this tendency to increase labour supply as wages fall as perverse because it does not fit the conventional wisdom and tries to explain it as a result of "subsistence mentality", "limited aspiration", or "target income" behaviour of the poor. This however ignores the observed fact that the poor work long hard hours but most of the time, fail to meet their minimum needs of subsistence and live impoverished lives in absolute poverty deficient of both food and physical rest. This book postulates that the observed behaviour is the result of economic distress the working poor suffer and analyses it as a rational behaviour using the conventional utility maximization framework and derives both theoretical and empirical results consistent with the observation. This book aims to correct a serious misconception persisting in the literature relating to the working-poor labour-supply behaviour that is almost universally observed. It also goes onto develop, using the supply function, a methodology to determine the standard of subsistence income and physical rest for the worker.
Author:
Publisher:
ISBN:
Category : Basic needs
Languages : en
Pages : 968
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Book Description
Author:
Publisher: Arihant Publications India limited
ISBN: 9326192547
Category :
Languages : en
Pages : 689
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Book Description
Author: Heinz Ahrens
Publisher:
ISBN:
Category : Debts, External
Languages : en
Pages : 374
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Book Description
Author: R. Sinha
Publisher: Routledge
ISBN: 1351801031
Category : History
Languages : en
Pages : 170
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Book Description
This book, first published in 1979, explores the sources and patterns of the distribution of personal incomes in India, between rural and urban areas and among socio-economic classes, differentiating particularly those groups falling below the poverty line.
Author: Peter R. Blood
Publisher: DIANE Publishing
ISBN: 9780788136313
Category : History
Languages : en
Pages : 464
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Book Description
Describes and analyzes Pakistan's political, economic, social, and national security systems and institutions. Examines the interrelationships of those systems and the ways they are shaped by cultural factors. Contents: historical setting; the society and the environment; the economy (finance, labor, agriculture, industry); government and politics (constitutional and political inheritance, early political development, political dynamics); national security (evolving security dilemma, the armed services; internal security). Extensive bibliography. Glossary. Index.
Author:
Publisher:
ISBN:
Category : Pakistan
Languages : en
Pages : 254
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Book Description
Author:
Publisher:
ISBN:
Category : Labor supply
Languages : en
Pages : 612
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Book Description
Author: Hans-Jacob Krümmel
Publisher: Duncker & Humblot
ISBN: 9783428472659
Category : Business & Economics
Languages : en
Pages : 286
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Book Description
Already in the 1960s the four little dragons Hong Kong, Singapore, South Korea and Taiwan started their industrialization moving steadily upwards with increasing growth rates, some of them double-digit in the 1980s. Most significant for these results has been their export-oriented growth strategy capitalizing on low labour costs and opening them up to the world market with all its benefits and pressures. Until today they have attracted quite a lot of foreign investors bringing technology and skills beside the pure capital. Thus, all four countries have reached a more sophisticated level of production and partly even developed into service and financial centres.Combining these developments with the already advanced Japan, the entire Asia-Pacific Region must be seen as an extremely dynamic area often also mentioned as the Pacific Challenge. Thus it is of high interest to examine the determinants of growth behind this challenge, behind the economic success.Because of the specific Asian dimension of the success, especially the Asian mentality, a transfer of the growth strategy can only be possible to a very limited degree. But the Asian experiences can at least be helpful to the formulation of a country related development strategy showing up generally important growth factors.The contributors to this book analyze important factors such as development planning, foreign investment, deregulation, government intervention, human capital, finance and banking (service sector), technology transfer and promotion, trade (export promotion), agriculture and regional cooperation. For this purpose experts in Science and Economics report from their experiences.
Author: Mahmood H Khan
Publisher: Westview Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 336
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Book Description
In This Analysis Of The Relationship Between Agrarian Structure And Agricultural Development In Pakistan, The Author Investigates The Slow And Uneven Performance Of Agriculture And Explores Probable Causes. Slightly Shop-Worn But In Excellent Condition.
