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North-South Trade, Employment and Inequality - Changing Fortunes in a Skill-Driven World (Paperback, Reissue)
Loot Price: R1,608
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North-South Trade, Employment and Inequality - Changing Fortunes in a Skill-Driven World (Paperback, Reissue)
Series: Clarendon Paperbacks
Expected to ship within 12 - 17 working days
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In this important and topical book, Adrian Wood demonstrates that
recent changes in North-South trade have had a far larger impact on
labor markets than earlier studies imply, altering the relative
demand for skilled and unskilled workers in the two regions.
Developing his argument by incorporating three fields of
economics--international, labor, and development--he suggests
policies that could reduce the resulting social dislocation in the
North, without jeopardizing world trade or economic progress in the
South. Wood argues that there are grounds for qualified eptimism
despite this problem. Greater trade should mean greater prosperity
for developing countries, and less global inequality, while for
developed countries it should mean workers are available to produce
sophisticated exports, which the South cannot produce. Northern
governments must take action to avoid the situation of rising
unemployment and protectionism in the North, and exploitation of
labor in the South. Wood argues that this can be done not through
protectionism, but through investment in education and training to
raise the supply of skilled labor.
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