Expensive cheap labor

on Saturday, April 4, 2009

We were nearly one of the last to realize that in the age of information science that most expensive asset is knowledge.

After world war second many developing countries bet their economic future on the theory that selling labor cheap would lead to modernization. There is no doubt that the cheap labor game is still being played all over the world. Intensively blow of cheap labor has hit in less developed countries (LDCs) on which the country Nepal has perpetually been adopting the approach.

So far as this system is concerned with Nepal, it was started during the Rana regime. In world war first and second, hundred and thousand young people were admitted in British army as low paid wagers. In return Nepal government would get remittance. No longer had this process discontinued from around three hundred centuries now. State economy always relied on remittance that became backbone rather than creating other alternative means. In this era with globalization, no country is segregated without connectivity of wave within the countries. But what Nepal government differs from other is unskilled and semi-skilled labors production in the market. Millions Nepalese have been reluctantly working in foreign land as exploited laborers. They have identity of unskilled blue color job and are living with undignified life.

All countries that have entered into second and third waves that they have produced knowledge based labors. As a result it credits will be applied in the nation. Some countries like the ‘tigers’ of east Asia such as south Korea, Taiwan, Hong Kong Singapore and china even won their bet. Besides that due to k (knowledge)-factor many other countries like Malaysia, Thailand, Philippine and Vietnam succeeded to increase economic condition successively. For them Information technology is already made assets for developing country. Such cheap labor system not only used human resource but the crucial part they got in response is technology how it has transformed the world into third wave; the great achievement was technology based knowledge.

They have virtually accomplished industrialization and are now moving into third world. In accordance with power shift theory, human effort has been categorized into three waves. Agricultural revolution the first wave propelled human history towards second wave and third wave. The industrial revolution the second wave, it described the major technological and social transformation. Hyper- competition of technology third wave is on its prime new industries based on computers, electronics, information etc.

The change brought up by movement of wave has created the world uneven. Technology rapidly occupied at hemisphere, continents and sub continent countries respectively in deep root. Interdependent system of present techno world, one country is depended on other country’s economic prosperity. Cheap labor bet would now adversely effect with ups and downs of global economy.

Recent recession of the world once again has to be thought seriously. Especially in third wave countries it has badly floated state economy. It does not mean that other countries are untouched with it. U.S.A, JAPAN, KOREA, UNITED KINGDOM are mainly burdened of economic crisis. We can see more clearly how world has been as tiny matter with the development of information science. Job opportunities are gradually cutting down that resulted thousand and thousand people are jobless and cheap laborers are compelled to shift. Japan a third wave country many employees were foreigners now with economic crisis have been sent them back to their country.

Cheap labor policy in nepal is in huge problem. Unless the reformation process is applied from government level, Nepal will suffer from various factors. Unemployment problem is every single day increasing with population growth; government should pay attention to product efficient candidates. Otherwise it will be difficult to come out of the whirlwind of problems. We have many threats and challenges however opportunities should be prioritized.

Korea can be an example for us; there is no rust in the history, the history is not rust in front of us it is still row that during a half century Korea had dramatically developed the country. After disintegration of south and North Korea in 1951, South Korea had adopted liberal policy of which many American multinational companies were established. Many Korean got opportunity to work and were informed about technology. They became skilled worker with knowledge of technology. Meanwhile government cleverly brought adequate policy to mobilize resources. Now Korea has moved into third wave on the bet of expensive cheap labor.

Nepal is now standing at historical threshold; new nepal would rear up development effort, let us hope the expectation of all Nepalese would not be turned into yellow leaf.


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