Jobs and incomes in a globalizing world

Bibliographic Information

Jobs and incomes in a globalizing world

Ajit K. Ghose

International Labour Office, 2003

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Includes bibliography

Description and Table of Contents

Description

The consequences of globalizations, particularly for employment, wages, and incomes, arouse widespread concern. This book investigates the basis for these anxieties by analysing the effects of the growing two-way trade in manufactures between North and South - the core of globalization. Its conclusions set fresh parameters for the globalization debate. Presenting results of new research, the author shows that, contrary to popular perceptions, global income inequality is actually declining, South-North migration is falling, and job opportunities and wages are rising in a significant number of developing countries. Moreover, the author finds no evidence of falling labour standards in integrating economies, nor that globalization can be blamed for the labour market disadvantages of low-skilled labour in industrialized countries. While showing many of the public concerns about globalization to be unfounded, the analysis exposes other serious problems that until now have received scant attention, such as increasing marginalization of the poorest countries heavily dependent on exports of primary commodities, a high and growing level of brain drain from poor to rich countries, the potentially high costs for developing countries of pursuing integration as an objective in itself, and the failure of globalization to stimulate global economic growth. This important book points to difficult challenges that the international community must meet if the potential benefits of globalization are to be realized and all nations and people are to share in them.

Table of Contents

l Chapter 1: Introduction l Chapter 2: Globalization: Characteristics, Issues and Concerns What is globalization? Globalization: An empirical sketch Globalization: Then and now Globalization: Issues and concerns l Chapter 3: Trade and Global Income Inequality Introduction Global income inequality The preliminaries Inter-country inequality International inequality Trade liberalization and global income inequality Conclusions l Chapter 4: Trade, Jobs and Wages Introduction What does economic theory tell us? The basic analytical framework A necessary dose of realism The empirical evidence Trade and the pattern of specialization Employment and wages in industrialized countries Employment and wages in developing countries A summing up l Chapter 5: Trade and International Migration Introduction Trade and international migration: Insights from economic theory International migration in the 1990s: The evidence The trends The phenomenon of "brain drain" International migration, then and now Conclusions l Chapter 6: Trade and Labour Standards Introduction Trade and labour standards: Theory and evidence Some preliminaries An analytical perspective "Unfair trade" and "social dumping" "Race to the bottom" Improving labour standards in a developing economy Concluding remarks l Chapter 7: Conclusions References

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Details

  • NCID
    BA6291509X
  • ISBN
    • 9221127176
  • Country Code
    sz
  • Title Language Code
    eng
  • Text Language Code
    eng
  • Place of Publication
    Geneva
  • Pages/Volumes
    ix, 130 p.
  • Size
    24 cm
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