Download or read book Labor Markets and Integrating National Economies written by Ronald G. Ehrenberg and published by Brookings Institution Press. This book was released on 2000-08-21 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This timely book provides a wide-ranging and insightful discussion of how labor market institutions and policies influence the mechanisms of economic integration and how economic integration inturn is likely to influence key features of labor markets. It offers both a clear analysis of these issues and a wealth of comparative labor market data." Robert J. Flanagan, Stanford University A volume of the Integrating National Economies Series

Download or read book Globalization in Historical Perspective written by Michael D. Bordo and published by University of Chicago Press. This book was released on 2007-11-01 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: As awareness of the process of globalization grows and the study of its effects becomes increasingly important to governments and businesses (as well as to a sizable opposition), the need for historical understanding also increases. Despite the importance of the topic, few attempts have been made to present a long-term economic analysis of the phenomenon, one that frames the issue by examining its place in the long history of international integration. This volume collects eleven papers doing exactly that and more. The first group of essays explores how the process of globalization can be measured in terms of the long-term integration of different markets-from the markets for goods and commodities to those for labor and capital, and from the sixteenth century to the present. The second set of contributions places this knowledge in a wider context, examining some of the trends and questions that have emerged as markets converge and diverge: the roles of technology and geography are both considered, along with the controversial issues of globalization's effects on inequality and social justice and the roles of political institutions in responding to them. The final group of essays addresses the international financial systems that play such a large part in guiding the process of globalization, considering the influence of exchange rate regimes, financial development, financial crises, and the architecture of the international financial system itself. This volume reveals a much larger picture of the process of globalization, one that stretches from the establishment of a global economic system during the nineteenth century through the disruptions of two world wars and the Great Depression into the present day. The keen analysis, insight, and wisdom in this volume will have something to offer a wide range of readers interested in this important issue.

Download or read book Mediterranean Labor Markets in the First Age of Globalization written by Paul Caruana Galizia and published by Springer. This book was released on 2015-03-11 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scholars have studied the nineteenth century's unprecedented labor flows in global and specific country contexts, but have lacked a comprehensive analysis of the world's old economic core, the Mediterranean. This work provides answers to important questions, such as: If the Mediterranean labor market really was integrated, then why did globalization affect the Western and Eastern Mediterranean so differently? Why did wage inequality rise in the East while it fell in the rest of the labor-abundant periphery? More broadly, was low emigration from Iberia and the East to blame for the Mediterranean's failed integration with the fast-expanding global economy? This ground-breaking research relates these questions to ongoing historical debates on the intensity of intra-Mediterranean integration in goods and labor, to current heated debates on North African emigration to Europe, and to discussions on European economic integration more generally.

Download or read book Global Labor written by Elma Demir and published by . This book was released on 2017 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Globalization has significantly altered the way in which businesses operate and how national economies function. The global shift has been accompanied by processes which have not only generated global dispersion of the market economy in terms of geographic scope, but have also intensified infiltration of the market in all aspects of the social life. Nowadays an established position exists in which the transnational corporations (TNCs) are perceived as drivers of globalization as it is perceived as their "project" through which nation-states are being subjected to liberalization and austerity schemes, which in turn have impoverished masses and enriched the elite. Labor protection as offered through the law, unionisms and social welfare schemes was incrementally cut in the name of "free market" policies on a global scale. On the other side, many factors indicate that the dramatic changes we are experiencing are the direct result of the Digital Revolution which has generated jobless growth due to the novel nature of technological change compared to its earlier historical manifestations. While both arguments are valid, this study contends that such explanations are still insufficient in grasping the real disposition of globalization and the most recent socio-economic developments on a global scale. The insufficiency stems from the fact that economic as well as sociological scholarship continually misplaces the position of labor in their considerations. Starting with this proposition, the main argument of the study is that globalization has entered a new stage - the stage in which the operations of economics rely on a global labor market - a system of free or total labor. However, this does not only mean that national labor markets are solely integrating, rather that integration has resulted in creation of a new market, which is not simply sum of its components (either perceived as local/national markets in a geographic context or industrial from an occupational perspective) but presents a new economic entity. By using inductive reasoning in developing an interdisciplinary social theory model while building on findings from the social sciences scholarship, the study maps economic complexity inside and outside market economies and offers theoretical and empirical insights about a global labor market."

Download or read book Labor Market Consequences of International Economic Integration written by Raymond Eugene Robertson and published by . This book was released on 1997 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Globalization and Economic Integration written by Noel Gaston and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Noel Gaston and Ahmed M. Khalid s volume offers fascinating insights on the development, causes, and consequences of globalization in the Asia-Pacific. The outstanding collection of chapters combines theory with rigorous econometrics, making the book a must-read for every student of globalization. At a time where the global crisis gave new arguments to the critics of globalization, the questions raised in this book, and the answers given, are essential reading for academics and politicians alike. Axel Dreher, University of Goettingen, Germany Given the importance of globalization in today s world, this salutary and timely book explores how globalization is specifically shaping the Asia-Pacific. It investigates future prospects and challenges, identifies the key winners and losers, and concludes in many cases that the portents for globalization are not particularly promising. Prominent economists and policy scholars examine a wide range of topics pertinent to globalization and economic integration in the Asia-Pacific, encompassing macroeconomic coordination and financial market integration; regionalism and preferential trade agreements; and immigration and labor markets, including gender issues and the impact of outsourcing. Through these analyses, the expert contributors illustrate the importance of market participants and regulators clearly understanding the risks associated with the present stage of globalization. They show that national policy makers need to reconfigure the regulatory framework following international lessons from previous financial crises experienced in the last two decades, and that financial literacy is essential for market participants, especially in emerging economies. Many of the issues discussed will prove useful in promoting the development of a new international financial architecture, comprising measures that will help reap the full benefits of globalization. This stimulating and challenging book will strongly appeal to academics, advanced undergraduates, postgraduates, researchers, and policy makers in the fields of Asian studies, international economics, and international business.

Download or read book Labor and an Integrated Europe written by Lloyd Ulman and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the European Community moves toward full integration of its members' economies, one of the most far-reaching changes will be in the European labor market. Nontariff barriers to trade between the member countries will be removed, and workers will become free to seek employment anywhere in the Community. As these changes take place, individual markets stand to lose their national identities while workers and employers face profound challenges. In this book, a group of leading labor economists and social scientists address an array of concerns about economic integration and provide insight into labor's likely response. They identify the challenges of the Single Market Program and explore the implications of western European integration for European industrial relations, European labor mobility, and economies and labor markets in the rest of the world. The contributors assess the impact of economic unification on European trade unions, wage-bargaining, work rules, training programs, and benefits. They draw on U.S. experiences in the centralization and more recent decentralization of the work force, consider the German system of industrial relations as a model for power sharing between workers and managers, and explore current efforts of labor market restructuring and privatization in central and eastern Europe. They address such questions as: Will pension and health insurance arrangements constrain worker mobility? Will cross-country wage differences within the EC narrow? And will exchange rates and monetary unification exacerbate unemployment problems? They also examine the impact of unification on immigration policy, capital markets, and trade. Labor and an Integrated Europe provides a much needed background for developing a coherent plan that deals with these crucial labor issues.

Download or read book Latinos and the Economy written by David L. Leal and published by Springer Science & Business Media. This book was released on 2010-12-07 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: At 15.4 percent of the population, Latinos are the largest minority group in the United States. They are a growing presence in all sectors of the economy, play an increasingly important role in government and politics, and are influential across a wide range of cultural domains. Despite the growing attention paid to Latinos in recent years, this population is characterized by relatively low socio-economic status, and Latinos frequently rank behind the majority white population and other minority groups when it comes to education, finances, and employment. This book contributes to the understanding of these issues by addressing a comprehensive range of topics on Latino economic incorporation, outcomes, and impact over an individual's lifetime. The volume starts with the foundational issue of education, and then moves to immigrant integration and adjustment, Latino and immigrant earnings, the economic impact of Latinos, and inter-generational incorporation and long-term integration issues. The contributions provide wide-ranging perspectives on the key factors that determine whether Latinos will be able to achieve their economic potential. The substantial individual, national, and international implications of these studies make this book of interest to scholars and policy-makers alike, particularly those concerned with the issues of education, immigration, employment, and earnings. The rapid and continuing growth of the Hispanic population ensures that the debate over social policy in the next few decades will increasingly focus on how best to alleviate the economic and social problems facing this population and perhaps encourage rapid assimilation. The studies in the volume edited by David Leal and Stephen Trejo provide an excellent foundation for this discussion. The conceptual issues and findings in these papers are sure to be valuable to both policy makers and researchers. George Borjas, Robert W. Scrivner Professor of Economics and Social Policy, John F. Kennedy School of Government, Harvard University Latinos and the Economy provides a truly authoritative but accessible compilation of first-rate scholarship on Hispanic incorporation, educational and political gains, and ongoing economic and cultural impacts. It is "must reading" for anyone concerned about the future, especially as America moves inexorably towards becoming a majority-minority society by mid-century. Daniel T. Lichter, Ferris Family Professor, Department of Policy Analysis and Management, Cornell University This is the volume to read for anyone interested in current American immigration issues or the role of Hispanics in the U.S. economy." Daniel S. Hamermesh, Killam Professor of Economics, University of Texas at Austin "The future of America is closely intertwined with the successful integration--economically, politically, and socially--of the Latino population. Latinos now comprise one of every seven workers and almost one of every five students in the United States. The research reported in this volume describes the challenges faced by Latinos in schools, the labor market, and in communities and explains their prospects for upward mobility. These studies suggest that a significant investment in expanding educational opportunities may be the single most important policy lever to incorporate Latinos into the American mainstream." Charles Hirschman, Professor of Public Affairs and Boeing International Professor of Sociology, University of Washington

Download or read book Market Size and Economic Integration When Labor Markets are Unionized written by Andromachi Piperakis and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper explores the effects of economic integration on trade, wages, and welfare when market sizes differ. A duopoly model with two-way intraindustry trade in similar products and with unionized labor markets is employed. It is confirmed that, for a wide range of different relative market sizes, integration leads to higher wages, employment, and welfare. However, where market sizes differ widely, the reduction of trade barriers leads to a reduction of wages, employment, and - in some circumstances - welfare in the country with the large market.

Download or read book The Extent of the Labor Market in the United States 1850 1914 written by Joshua L. Rosenbloom and published by . This book was released on 1996 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between the middle of the nineteenth century and the beginning of World War I improvements in transportation and communication encouraged increasing interregional and international economic integration. This paper traces and analyzes the progress of increasing labor market integration in the United States during this period of `globalization.' It argues that although the falling cost and increasing speed of transportation and communication in this period initiated a substantial expansion of labor market boundaries, the pattern of increasing integration was strikingly uneven. By the end of the nineteenth century, labor markets in the northern United States were part of a tightly integrated regional labor market that was in turn closely linked with labor markets in northern Europe. But this regional and international integration coincided with the persistent failure of integration between northern and southern labor markets within the United States. The importance of this finding is two-fold. First, it suggests that the forces shaping the determination of wages, the evolution of wage structure, and the growth of unions cannot be understood at either a purely local, or a purely national level. Second, it shows that the process of market integration was complex, depending on the interaction between historically determined market institutions and falling transportation and communication costs.

Download or read book The U S Labor Market Effects of European Economic Integration written by William T. Dickens and published by . This book was released on 1993 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Regionalism Multilateralism and Deeper Integration written by Robert Z. Lawrence and published by Brookings Institution Press. This book was released on 2000-07-26 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade, international economic liberalization has been pursued through both multilateral and regional arrangements. In the Uruguay Round, more than one hundred governments pledged their commitment to greater open trade in goods and services, and established new rules under the enforcement of the World Trade Organization. At the same time, however, many regional arrangements have been negotiated--including the European Union and the North American Free Trade Agreement. Nonetheless, controversy still rages about these arrangements. Are regional arrangements stumbling blocks or, in fact building blocks for a more integrated and successful international economy? In this book, Robert A. Lawrence addresses this question and explains both sides of the debate. A volume of Brookings' Integrating National Economies Series

Download or read book Exchange Rates and Wages in an Integrated World written by Ms.Prachi Mishra and published by International Monetary Fund. This book was released on 2009-03-01 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: We analyze how the pass-through from exchange rate to domestic wages depends on the degree of integration between domestic and foreign labor markets. Using data from 66 countries over the period 1981–2005, we find that the elasticity of domestic wages to real exchange rate is 0.1 after a year for countries with high barriers to external labor mobility, but about 0.4 in countries with low barriers to mobility. The results are robust to the inclusion of various controls, different measures of exchange rates, and concepts of labor market integration. These findings call for including labor mobility in macro models of external adjustment.

Download or read book Labor and the Emerging World Economy written by David Elliot Bloom and published by . This book was released on 1993 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the emergence of a world economy since 1950 and its implications for the world's labor force. There are four main sets of conclusions. First, although the integration of national economies since 1950 has been considerable, the world economy is still in its adolescence. Rapid integration has occurred among the industrial economies, but integration among the developing economies and between the industrial and developing economies has proceeded slowly. Second, international labor mobility can account for little, if any, economic integration since 1950. The economic integration that has been achieved is due mainly to the increased flow of capital across international boundaries and to a dramatic increase in trade, especially among the industrial countries. These developments have been driven by technological and institutional changes that have reduced the transactions costs for trade and capital mobility while maintaining or increasing barriers to international labor mobility. Third, these patterns of integration are associated with a sharp decline in income inequality among the industrial economies, but not in world income inequality as the income gap between the industrial and developing countries has increased. Finally, the large increase in developing economies' share of the world labor force projected for the next few decades will magnify their incentives to integrate more closely among themselves and with the industrial economies. World income per capita will be promoted by such integration.

Download or read book Looking for Work Searching for Workers written by Joshua L. Rosenbloom and published by Cambridge University Press. This book was released on 2002-04-04 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the history of institutional changes in U.S. labor markets during the late nineteenth and early twentieth centuries. It combines a detailed historical description of how these institutions worked and evolved with a thorough analysis of quantitative evidence that reveals their implications for geographic wage convergence and market integration. This account illustrates both the importance of institutions as determinants of national economic performance and the importance of market forces in establishing the context of late nineteenth century labor history.

Download or read book The Effect of Globalization on Wages in the Advanced Economies written by Mr.Phillip Swagel and published by International Monetary Fund. This book was released on 1997-04-01 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the effect of globalization on labor markets in the advanced economies, focusing particularly on the claim that increased economic integration has widened the gap between the wages of more skilled and less skilled workers. The broad consensus of research is that globalization, both in terms of increased trade as well as increased capital mobility and foreign direct investment, has had only a modest effect on wages. Instead, changes in technology have led to a pervasive shift in demand for labor that has favored skilled workers to the detriment of less skilled workers.

Download or read book Preparing Chemists and Chemical Engineers for a Globally Oriented Workforce written by National Research Council and published by National Academies Press. This book was released on 2004-09-02 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalizationâ€"the flow of people, goods, services, capital, and technology across international bordersâ€"is significantly impacting the chemistry and chemical engineering professions. Chemical companies are seeking new ideas, a trained workforce, and new market opportunities regardless of geographic location. During an October 2003 workshop, leaders in chemistry and chemical engineering from industry, academia, government, and private funding organizations explored the implications of an increasingly global research environment for the chemistry and chemical engineering workforce. The workshop presentations described deficiencies in the current educational system and the need to create and sustain a globally aware workforce in the near future. The goal of the workshop was to inform the Chemical Sciences Roundtable, which provides a science-oriented, apolitical forum for leaders in the chemical sciences to discuss chemically related issues affecting government, industry, and universities.