
Focusing on the inter-relationship between institutions, technology, and employment, the author investigates the institutional factors which affect policy-making: modes of production, patterns of ownership, and systems of employment.
This work examines the complex interplay between technological advancement, institutional frameworks, and employment patterns within the context of developing economies. Amartya Sen, a Nobel laureate in Economic Sciences, utilizes his extensive background in welfare economics and social choice theory to analyze how specific modes of production and ownership structures dictate labor outcomes. He argues that policy-making cannot be divorced from the underlying institutional environment, as these factors fundamentally shape the efficacy of technological integration in the labor market.
What You Will Find
Experts recognize this text as a foundational contribution to development economics, particularly for its rigorous analytical approach to labor market dynamics. Readers frequently note the academic density of the prose, which is characteristic of Sen's precise and methodical style.
Page Count:
208
Publication Date:
2000-05-18
Publisher:
Oxford University Press
ISBN-10:
0195651103
ISBN-13:
9780195651102
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