This excellent study skillfully combines information about labour laws with theoretical analysis. It deserves to be read by all, researchers, politicians and practitioners in the field who are not swayed by oversimplified rhetoric of labour market reform.
Amit Bhaduri, Professor Emeritus, Jawaharlal Nehru University, New Delhi, India
Dr Anamitra Roychowdhurys book Labour Law Reforms in India: All in the Name of Jobs is a careful analysis of one of the major economic questions in recent times. After critically evaluating the voluminous literature, the author builds formal analytical models to explain the empirical findings. The book is a valuable addition to the academic and policy discourse.
R. Nagaraj, Professor of Economics, Indira Gandhi Institute of Development Research, Mumbai, India
This book alerts us that increasingly employers will offer contract rather than permanent work. It examines the theory behind labour market flexibility and offers us a macroeconomic perspective that contradicts the one which focuses solely on the labour market without considering the repercussions at the aggregate economy wide level. It is important reading for those concerned about the future of livelihoods and how developing nations should respond to that.
Errol D' Souza, Professor of Economics, Indian Institute of Management Ahmedabad, India
That the inevitable result of flexibility in the labour marketeither by legislation or by stealthhas been widening gaps in income and well-being is now accepted by many economists with greater equanimity than before. This book will have further sobering effect on the supporters of the so-called labour market flexibility as it critically looks at the theoretical arguments that provide justification for flexibility. With a balanced combination of theoretical arguments and empirical evidence the book eminently accomplishes what it sets out to do to show convincingly that the measures advocated to make labour market more flexible are unlikely to produce the results they are supposed to produce.
Achin Chakraborty, Director, Institute of Development Studies Kolkata, India