Regional Cooperation on Labor Issues
In: Asian and Pacific migration journal: APMJ, Band 9, Heft 2, S. 199-212
ISSN: 2057-049X
Globalization in the past few decades has facilitated the growth of economies and individuals that possess mobile capital and knowledge. However, the situation of less educated workers did not improve as expected because the possibilities for employers to adopt technology, outsourcing, or moving elsewhere serve to keep their bargaining power low. Gaps are widening between less educated and educated workers and between developing and developed economies. This paper suggests that a closer cooperation among Japan, the newly industrial economies and Southeast Asia in monitoring and facilitating short-term labor migration can be a positive factor in narrowing the gaps. Enhancing the skill formation functions of the migration process and upgrading the skills of workers in labor importing economies are among the critical areas that would benefit from regional cooperation.