The global economic mismatch : high technology and low pay


The global economic mismatch : high technology and low pay

Henry B. Schechter

Praeger, 1993

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Bibliography: p. [223]-228

Includes index



In this study, labor economist Henry Schechter concludes that there is a need for greater international prohibitions and for keeping open channels for collective bargaining for higher wages. He presents an analysis of recent changes in the United States and elsewhere, highlighting the spread of automated production technology to lesser developed, low-wage areas of the world, which leads to global demand-supply imbalances and downward pressure on wages. This circumstance, he charges, is aggravated as multinational corporations affiliate with one another, lessening competition and increasing monopolistic influences worldwide. This work will be of interest to the scholars and policymakers in academia, government, business, and the labor movement concerned with fiscal and labor economic policies.


Income Levels and Distribution Fiscal Policies Changes in Investment Intermediation Technological Influences The International Debt Problem Trade, Exchange Rates and Competitiveness Transnational Corporations Global Political Economy Past, Present, Future Selected Bibliography

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