Labor and Economic Growth in Five Asian Countries: South Korea, Malaysia, Taiwan, Thailand, and the Philippines

by Walter Galenson

This work explores developments in the labor markets of five countries--South Korea, Malaysia, Taiwan, Thailand, and the Philippines--which have undergone successful economic development during the past quarter of a century. This includes employment, earnings, industrial relations, and social security measures. While the Philippines' progress has lagged, the other four countries constitute the most successful group of the world's developing countries--offering a interesting contrast in approaches to growth. The author's methodology is comparative by specific subject, so that a correlation of developmental stages and the emergence of particular features of the labor market emerges.

This study is unique in that inter-country comparisons are made in terms of specific aspects of the labor market. The work will be of interest to economists, political scientists, and sociologists concerned with problems of development. And it will be useful in pointing the way to successful development practices.

Hardcover

First published March 23, 1992

About the author

Walter Galenson was a professor of economics at Cornell University and a noted U.S. labor historian and economist.