Ko Shram Arthashastra (Labor Economics of Nepal)
Published Year: 2004
Published by: Nepal Foundation
for Advanced Studies (NEFAS) & Friedrich-Ebert-Stiftung
Writen By : Dr. Bedraj
Price: Not mentioned,
of production, has a significant role in the economy.
The entire dynamics of labour has become more complicated
in the context of today's economic liberalization and
free market economy coupled with rapid development of
science and technology. The essence of liberalization
is to earn profit by reducing cost of production to a
The issues relating to the welfare of
workers are getting less priority along with the economic
liberalization and globalization following the transformation
of GATT into the WTO in 1995. Diametrically there are
two opposite views - one in favour of employees and the
other in favour of employers.
The views in favour of employers seem
to have overwhelmed the significance of the price of labour
(blue colour job). The concept of deregulation and denationalization
has become more prominent. On the one hand the issues
relating to labour are getting less priority in the free
market economy. Their concerns are trampled in a number
of occasions. Without letting them know their voices are
On the other hand, labourers, themselves
are not aware about their rights and obligations. The
situation of labourers and labour movement in Nepal is
becoming more pathetic especially in the context of Nepal's
entry into the world trade regime and other regional groupings
such as BIMSTEC and SAFTA etc.
The degree of intricacy in labour sector
is visible. There arises a question how a country like
Nepal would be able to grapple with the situation whose
labour productivity is much less than others South Asian
countries. Would Nepal be able to take benefits out of
free trade? Prof Gunanidhi Sharma, a prominent economist
has raised these issues in the acknowledgement of Nepal
ko Shram Arthashastra (Labour Economics of Nepal) authored
by Bedraj Acharya.
The book written in Nepali by Acharya
is probably the first book about Labour Economics in Nepal.
The author in the book has endeavored
to contain much information on labour in eight different
In the first chapter, the author has
thoroughly defined the Labour Economics in a very simple
way that everybody can easily understand. The author has
tried to explain labour in different perspectives. Similarly
in the second chapter there is an analysis of labour and
its productivity factor. In this chapter he has defined,
how labour is related to productivity. Hardly few people
in the labour sector are aware about the productivity
and labour. Trade Union leaders and so called experts
these days hardly care about the productivity aspect of
labourers. The author has minutely analyzed various facets
of labour and productivity.
In the fourth chapter, the author explains
about the industrial laborers. Industrial labourers have
prominent role in the labour economics. Similarly, the
author in the fifth and sixth chapter has explained about
the labourers in the informal sector including women and
The other important issues are social
justice and social security that have not got priority
in the Nepalese labour economics. Similarly the author
has minutely explained about the Nepalese labourers and
interntional labour market. He has also mentioned the
plight of Nepalese workers in the outside job market.
Finally in the last chapter the author has described the
social aspect of workers.
He has tried to analyze from the social
point of view. The book in fact is very interesting and
informative even though it has been designed to meet the
requirements of the bachelor's level course in economics.
The book is very informative;
however Prof. Sharma's acknowledgement presents a broader
view and wide range of perspectives. Above all the book
is particularly useful for trade Union leaders. The author
should be appreciated for his contribution. Moreover,
NEFAS deserves apperception for publishing such book.
Readers can expect more from NEFAS in future.
Supplement, The Rising Nepal (11 February 2005)