The labour surplus and COVID-19: the outlook for Chinese migrant low-skilled workers
Accounting & Finance
; n/a(n/a), 2021.
Article
in English
| Wiley | ID: covidwho-1223433
ABSTRACT
Abstract This paper investigates the disruption to global supply chains caused by COVID-19 and how such disruptions will affect the participation of Chinese businesses in those chains. The focus is on the post-COVID-19 outlook for migrant workers working in the hospitality and garment industries. It is argued that managers within global supply chains will use accounting processes to maintain profitability by cutting costs. Moreover, within corporate supply chains, wages will be driven down in an increasingly competitive labour market, especially for low-skilled workers. The findings show that COVID-19 will have an adverse effect on wages and employment and raise performance expectations.
Full text:
Available
Collection:
Databases of international organizations
Database:
Wiley
Language:
English
Journal:
Accounting & Finance
Year:
2021
Document Type:
Article
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