Industrialization and poverty reduction in East Asia: Internal labor movements matter

Fukunari Kimura, Mateus Silva Chang

Research output: Contribution to journalArticle

4 Citations (Scopus)

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, but often neglected, condition for their economic development is smooth labor movements from the rural to urban 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 comparisons, we examine the case of Thailand for its massive labor movements until the mid–2000s as well as discussing stagnant moves in recent years.

Original languageEnglish
Pages (from-to)23-37
Number of pages15
JournalJournal of Asian Economics
Volume48
DOIs
Publication statusPublished - 2017 Feb 1

Keywords

  • Agglomeration
  • Global value chains
  • Informal sector
  • Lewis model
  • Thailand

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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