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The emerging external labor market and the impact on enterprise's human resource development in China

✍ Scribed by John Benson; Ying Zhu

Publisher: John Wiley and Sons
Year: 2002
Tongue: English
Weight: 117 KB
Volume: 13
Category: Article
ISSN: 1044-8004
DOI: 10.1002/hrdq.1043

No coin nor oath required. For personal study only.

✦ Synopsis

Abstract

China has undergone substantial restructuring at both the macroeconomic and the enterprise level, and its
admission into the World Trade Organization in 2001 provided further impetus to the reform process. Global
competition and a reconsideration of national human resource policies have underpinned much of this reform and
have led to an emerging external labor market. Little research, however, has been undertaken on this labor
market and its impact on human resource development. This study examines human resource development choices to
recruit externally or train internally. This “buy or make” decision is explored in businesses in
Beijing and Shanghai, cities that represent the more developed regions of China and provide an indication of
future trends. The article concludes with a discussion of the policy implications of the research and
suggestions for future research.

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