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Labor law reform in India : insights from tangled legacy of Sidney & Beatrice Webb

Kaufman, Bruce E. (2014) Labor law reform in India : insights from tangled legacy of Sidney & Beatrice Webb. Indian Journal of Industrial Relations, 50 (1). pp. 2-24. ISSN 0019-5286

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Abstract

Sidney and Beatrice Webb, co-founders of the industrial relations field and early pioneers of Fabian Socialism significantly influenced Jawaharlal Nehru and India's post-Independence model of economic development. Part of this model was a protectionist regime of labor law which has now come under increasing criticism as a structural impediment to growth. This article reviews the ideas of the Webbs and uses them as a prism for evaluating the case for labor law reform and the direction it should take. The article advances a three-prong conclusion: the Webbs' program for labor market regulation remains sound in principle but the specifics in India need substantial adjustment; the most important way to generate higher employment growth is not from labor market deregulation but continued liberalization of product markets and encouragement of entrepreneurship; and the most critical pro-growth reform is more efficient and honest institutional-regulatory governance.

Item Type: Article
Subjects: D History General and Old World > DS Asia
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Date Deposited: 06 Nov 2015 16:21
Last Modified: 06 Nov 2015 16:21
URI: http://webbs.library.lse.ac.uk/id/eprint/784

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