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Yoshikazu Kato: Stable Labor Relations Are Crucial To Economic Development.

2010/6/17 15:52:00 29

Finance

"Why is China's savings rate so high? Why do people buy so much? That's because everyone is very upset about the future."

British Financial Times columnist

Kato Yoshikazu

In June 13th, when the NetEase finance and economics "Beijing observation" column, it expressed his opinion.


Recently, a series of labor disputes have made the growth of labor income again become the focus of public attention.

According to

Beijing News

"Reported that the ratio decreased from 56.5% in 1983 to 36.7% in 2005, and the proportion of labor remuneration decreased by 20% in 22 years.

The people's Daily reported a smaller decline, from 1993 to 2007, from 49.49% of GDP to 39.74%.

This downward trend began around 1990, and has been strengthened since then.


What causes the continuous decline in the proportion of labor income? How can we break this situation? Many experts and scholars in China have suggested that Japan should launch a "national income doubling plan" in 60s.


In 60s, Japan was also troubled by the problem of over reliance on investment, insufficient consumption and the imminent disappearance of demographic dividends. Ikeda Yuhito, the Japanese Prime Minister, launched the "national income doubling plan" under such a background, doubling the national income in 10 years.


"Actually it took 7 years to achieve the goal."

Yoshikazu Kato said.


From 1960 to 1967, Japan's goal of doubling was completed ahead of schedule, and national income has more than doubled.

By 1973, national income had increased by 2 times.

People's incomes have increased substantially, and the level of consumption has also been raised.

As a result, a strong and stable middle class consumer group was born in Japan.


"Stable career brings stability."

The labor and capital

In terms of relations, China is worth referring to the experience of Japan. "

Kato Kachi said that enterprises themselves earn money through more labors, and the government itself is established through taxation.

So how to ensure the legitimate rights and interests of workers is a starting point and a foothold, otherwise everything is empty talk.

On this issue, Japan has taken tax cuts, including how to protect workers. When enterprises help workers to be accountable to the government, enterprises play a very important role in the whole society, including large enterprises and small and medium-sized enterprises.


In response, Su Hainan, vice president of the China Labour Association and researcher of the remuneration Specialized Committee, responded to Yoshikazu Kato in the program recording. He said that this situation may be different between China and Japan.

Formerly known as the lifelong employment system and the employee sequence system, Japan was a magic weapon for their rapid take-off.

We are exactly the opposite, because China's social pformation is much deeper than them. We are planning economy to market economy, and some of the planned economy has been regarded as a good thing of the so-called socialist essence. Now there is such a profound change, so there are many uncertainties in the society.

This uncertainty makes the enterprise short term, and the laborers also feel that all aspects are not reliable. That is why we just mentioned Professor Xu's impetuosity.

Such an analgesic process.

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