This education module on capital mobility explains the capitalist crisis, and assesses the impact of capital mobility on workers and trade unions. The module also provides stories of workers in the global supply chains and their struggles.
Southeast Asian economies show notable performance in the recent years. In 2013, for instance, the growth rate of the region’s gross domestic product (GDP) is 4.9 per cent compared to the entire world’s GDP growth rate of 3.0 per cent. However, despite this significant GDP growth rate, employment in Southeast Asia did not rise in the same rate as the GDP has risen. It has grown only by 1.5 per cent. Moreover, poverty remains prevalent and income gaps become wider. In other words, the economic growth in numbers does not translate to the improvement of the quality of lives of the people at the grassroots level.