On the Impacts of Globalisation on Public Employment and Human Security in India: A Long-Run Analysis
New Frontiers in Conflict Management and Peace Economics: With a Focus on Human Security
ISBN: 978-1-83982-427-2, eISBN: 978-1-83982-426-5
Publication date: 15 February 2021
Abstract
Public employment in India is often viewed as a source of job security. Hence, public employment seems to propel human security in India away from poverty and social exclusion. In the recent work, a significant attention has been accorded to understand how globalisation has impacted on job security and thereby human security in many developing countries. The literature revolves around two opposing effects of globalisation on the human security in a country: firstly, the efficiency hypothesis posits that globalisation tends to reduce the size of the government of a country to enable the country to attain comparative advantage for gainfully trading in the global economy. A reduction in the capacity of the government is argued to lead to a decline in public employment and, hence, a decline in human security with rising globalisation. Secondly, the compensation hypothesis argues that the size of government, and hence public employment, will increase with globalisation mainly to suitably manage a domestic economy in a complex global setting with an increased role of government for creating social stability and social security. Depending on the relative strengths of the mutually opposing forces of globalisation on public employment, the impact of globalisation on the human security of a country is ambiguous. A gap in the existing literature is a lack of documentation of the Indian experience. In this work, the authors seek to empirically test if globalisation has increased, or decreased, job security in India.
Keywords
Citation
Gangopadhyay, P., Suwandaru, A. and Bakry, W. (2021), "On the Impacts of Globalisation on Public Employment and Human Security in India: A Long-Run Analysis", Chatterji, M. and Gangopadhyay, P. (Ed.) New Frontiers in Conflict Management and Peace Economics: With a Focus on Human Security (Contributions to Conflict Management, Peace Economics and Development, Vol. 29), Emerald Publishing Limited, Leeds, pp. 103-114. https://doi.org/10.1108/S1572-832320210000029007
Publisher
:Emerald Publishing Limited
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