Why is the Nepalese labor force so strong in a global context of decline? Shedding light

What is it about?

This is about unexplored characteristics of labor relations in Nepal against the backdrop of social exchange theory as it relates to labor relations.

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Why is it important?

The paper claims that although the system framework has flimsy prospects elsewhere in the world, it is strong in Nepal as a result of the recent Labor Act of 2017. For this very reason, the paper argues that Nepal's trade unions are in their sturdiest position ever and, therefore, that the country has evaded the crisis experienced in advanced and emerging economies in other parts of world. In theoretical terms, the article contributes from the social exchange theoretical perspective to the literature on the psychological contract of promises and expectations. It also has a bearing on emerging discourses and debates about the revitalization or reshaping of traditional industrial relations.

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