Download or read book Globalisation and Labour Market Adjustment written by D. Greenaway and published by Springer. This book was released on 2008-04-17 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although economists have long pointed to the aggregate gains from increased economic integration, the popular perception of globalization is much more pessimistic. Workers feel less secure in their jobs and fear wage losses and unemployment. This book explores these issues, and asks whether the concerns are warranted.
Download or read book Trade Investment Migration and Labour Market Adjustment written by D. Greenaway and published by Springer. This book was released on 2002-09-06 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization and the growing integration of national markets have had profound effects on the operation of markets, not least labour markets. In this book, a range of leading commentators on globalization and labour markets present original contribution on the interaction between these two areas. This book assesses the impact of globalization on trade, cross-border investment and migration from both a theoretical and econometric standpoint and discusses the possible applications of this analysis for both industrialized and developing countries.
Download or read book Globalisation and Labour Market Adjustment written by Joana Silva and published by . This book was released on 2007 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Globalization and Labour Market Adjustment written by Carl Davidson and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we argue that the flexibility of an economy's labour market plays a role in determining the gains from trade liberalization, the level of short-run adjustment costs, and the relative value of these two measures. To do so, we describe the model introduced in Davidson and Matusz (2000) which allows us to solve for adjustment costs when workers vary according to ability and jobs differ in terms of the skills that they require. We then report results based on simulations of this model. We find that economies with sluggish labour markets have the least to gain from liberalization. The reason is that while the removal of trade barriers creates large benefits, they are almost completely offset by large short-run adjustment costs. In contrast, we find that with either very flexible or very slothful labour markets the gains from liberalization are always significantly larger than the short-run adjustment costs.
Download or read book The Assessment written by David Greenaway and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last two decades there has been a significant deterioration in the labour-market outcomes of less-skilled labour in most OECD countries. This has manifested itself either in terms of a decline in wages relative to the most skilled, or in terms of the relative likelihood of being in work. Much recent research has focused on the impact of trade and skill-biased technical change as alternative explanations of the phenomenon; some has also investigated the role of cross-border investment and migration. This paper reviews recent research on globalization and labour-market adjustment and sets the scene for the papers that follow.
Download or read book Globalization and Labor Markets written by E. Kwan Choi and published by Wiley-Blackwell. This book was released on 2001-03-30 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interactions between the globalization process and labor market adjustment have been the focus of a major research programme in recent years. This volume contains papers by leading trade analysts on all aspects of these interactions embracing theory, empirical evidence and policy dimensions. Contributors include Alan Deardorff, Ronald Jones, Rod Falvey, John Whalley, Doug Nelson and Lars Lundberg.
Download or read book Labor markets in an era of adjustment an overview written by Susan Horton and published by World Bank Publications. This book was released on 1991 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: This overview of a symposium on labor markets and adjustment concludes that: (1) real wages are more flexible than generally supposed, (2) labor reallocations across sectors have been more or less in the desired direction, and (3) the role of labor unions, generally supposed to be an impediment to adjustment, is more subtle than generally supposed.
Download or read book Globalization of Labour Markets written by Olga Memedovic and published by Springer Science & Business Media. This book was released on 2013-03-11 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: To the classical driving forces of migration such as poverty, oppression and war, yet another is being added: globalization. With the increasing economic interdependence between countries migration has become one of the important links. Many less developed countries (LDCs) accept migration of their workers to developed countries (DCs) because it reduces the pressure on unemployment, and remittances increase the capital inflow to the country. On the other hand, some of the DCs see migration as a threat to their employment and system of social security. Participants of the Second Annual Workshop of the Network EU-LDC Trade and Capital Relations gave a broad view of the problem which both DCs and LDCs are facing in connection with the globalization of labour markets. This volume consists of 10 chapters by scholars from the European Union (EU) and LDCs. Each paper is discussed in terms of its policy relevance by a policy maker as well as by an academic specializing in the field. In the opening chapter we aim to do justice to the discussion during the Workshop in Rotterdam in May 1995 at which preliminary versions of all chapters were presented. Edited versions of the interven tions by the policy makers and experts are included as far as possible af ter the chapters. The opinions expressed in this volume are those of the authors and not necessarily those of their organizations.
Download or read book Globalization Trade Imbalances and Labor Market Adjustment written by Rafael Dix-Carneiro and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the role of global trade imbalances in shaping the adjustment dynamics in response to trade shocks. We build and estimate a general equilibrium, multi-country, multi-sector model of trade with two key ingredients: (a) Consumption-saving decisions in each country commanded by representative households, leading to endogenous trade imbalances; (b) labor market frictions across and within sectors, leading to unemployment dynamics and sluggish transitions to shocks. We use the estimated model to study the behavior of labor markets in response to globalization shocks, including shocks to technology, trade costs, and inter-temporal preferences (savings gluts). We find that modeling trade imbalances changes both qualitatively and quantitatively the short- and long-run implications of globalization shocks for labor reallocation and unemployment dynamics. In a series of empirical applications, we study the labor market effects of shocks accrued to the global economy, their implications for the gains from trade, and we revisit the "China Shock" through the lens of our model. We show that the US enjoys a 2.2% gain in response to globalization shocks. These gains would have been 73% larger in the absence of the global savings glut, but they would have been 40% smaller in a balanced-trade world.
Download or read book Making Globalization Work written by Joseph E. Stiglitz and published by W. W. Norton & Company. This book was released on 2007-08-28 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nobel Prize winner Stiglitz focuses on policies that truly work and offers fresh, new thinking about the questions that shape the globalization debate.
Download or read book Globalization Trade Imbalances and Labor Market Adjustment written by and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Globalization and Change written by International Labour Organization. Regional Office for Asia and the Pacific and published by . This book was released on 1999 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Globalization and Unemployment written by Helmut M. Wagner and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization and unemployment are two phenomena which are amongst the most widely discussed subjects in the economic debate today. Often, globalization is regarded as being responsible for the increase in unemployment, particularly in unskilled labor. This book deals with the correlation between globalization and unemployment under various aspects: historical aspects of globalization, empirical trends and theoretical explanations of unemployment, effects of globalization in general and of European Monetary Union in particular on umemployment, labor market policy in a global economy, the impact of fiscal policy on unemployment in a global economy, as well as the effects of globalization on inflation and national stabilization policy.
Download or read book Globalization of the Economy Unemployment and Innovation written by Paul J.J. Welfens and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic globalization has intensified since the 1980s and created faster channels of international interdependence and an accelerating technology race. In this new asymmetric world economy the EU is facing a dynamic and flexible US system which takes advantage of the global quest for foreign direct investment. Innovation policies in the EU - in particular in Germany - are found to be rather inadequate. There are also new theoretical challenges where a "structural macro model" and a Schumpetrian model of innovation and full employment are presented as new approaches. Besides theoretical challenges the increasing global dynamics raise new problems of international policy coordination which could lead to unsustainable economic globalization.
Download or read book Globalization and Labour Markets written by David Greenaway and published by Edward Elgar Publishing. This book was released on 2001 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: This two-volume set collects papers that have played a particularly important role in the development of research on some aspect of the relationship between globalization and labor markets, or are excellent illustrations of one or another aspect of the relevant questions. Themes include general equilibrium theory, which sets the context for subsequent discussion; trade and wages, labor market microstructure and adjustment, and empirical research on trade and employment; migration and labor market adjustment; and foreign direct investment and labor markets. Most of the papers were written in the 1980s and 1990s. Each volume contains an introduction to the included literature. Edited by David Greenaway (economics, U. of Nottingham) and Douglas R. Nelson (economics and political economy, Tulane U.). Lacks a subject index. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book Wage Structures Employment Adjustments and Globalization written by David Marsden and published by Palgrave MacMillan. This book was released on 2010-04-21 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines the development of linked and panel data sets for European labour market and social policy analysis, with special focus on labour turnover flows and mobility, the role of labour market institutions and firms human resource strategies in relation to wages, and the labor market outcomes of internationalization.
Download or read book The Politics of Labor in a Global Age written by Christopher Candland and published by OUP Oxford. This book was released on 2001-09-20 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Politics of Labor in a Global Age is one of the first works to analyse and compare recent shifts in patterns of industrial relations across late-industrializing and post-socialist economies. The volume features original and timely essays on labor relations at national, local, and workplace levels, as economic and politicla actors cope with the similar challenges associated with economic adjustment measures and the impact of 'globalization'. The authors reveal that while globalization has threatened the position of organized labor and prompted business and state elites to accommodate greater labor market flexibility, the legacies of past institutions remain evident in destinctive trends in labor politics within and across late-industrializing and post-socialist settings. The comparisons suggest that globalization is best understood not as a source of covergence but as a set of common pressures that are mediated by specific historical inheritances, that spur varied responses on the part of industrial relations actors, and that facilitate quite diverse institutional outcomes.
