English, Article edition: Perceived Shortages of Unskilled Labor in Labor Surplus Economies: Costa Rica, El Salvador, Dominican Republic and Mexico* Warren J Bilkey

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Bookmark: http://trove.nla.gov.au/version/172383
Physical Description
  • article
Language
  • English

Edition details

Title
  • Perceived Shortages of Unskilled Labor in Labor Surplus Economies: Costa Rica, El Salvador, Dominican Republic and Mexico&​ast;
Author
  • Warren J Bilkey
Physical Description
  • article
Notes
  • Cheap labor is a major incentive for investing in developing countries, especially for export production involving capital extensive processes utilizing unskilled labor. Unfortunately, international investors will tend to overestimate the availability of unskilled labor if they assume that workers in developing countries all have the “industrialized” traits necessary for performing even unskilled labor. These traits are: coming to work on time, following directions, accepting guidance from the boss, working on an established schedule, being sober while working, and so on. (Subsistance agriculture does not inculcate such traits, and a large portion of the labor force in most developing countries are migrants from subsistance agriculture.) Laborers also must be sufficiently healthy to come to work regularly, they must be strong enough to do the job required, and they must be emotionally stable. In addition, frictions to geographical movement could cause local shortages of unskilled labor even if the region as a whole has a labor surplus.© 1972 JIBS. Journal of International Business Studies (1972) 3, 1–18
  • RePEc:pal:jintbs:v:3:y:1972:i:2:p:1-18
Language
  • English
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