Productivity, Decent Employment And Poverty: Conceptual And Practical Issues Related To Small Enterprises

Topics:
Organization
Tags:
Benefits,
Enterprise,
Human Resources,
International Labour Organization,
Payroll Solutions,
Poverty
Source:
International Labour Organization

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Overview: This paper explores the relationship between labour productivity, employment and poverty. It is organized around a question, a concern and a challenge. The question is: if small enterprises are less productive than large enterprises (which they are), why are they not driven from the market through competition, so that the cohort of small enterprises declines over time (which it does not)? The probable answer is that small enterprises do not compete directly with large enterprises. The concern is that low labour productivity may result in very low wages and returns to owners. This means that people may be working but still are not able to move out of poverty.

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Format: PDF | Size: 386KB | Date: Mar 2005 | Pages: 43

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