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The Theory of International Trade and Unemployment (Hardcover, illustrated edition)
Loot Price: R2,870
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The Theory of International Trade and Unemployment (Hardcover, illustrated edition)
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In this book, Paul Oslington underlines the contradiction between
the prominence of job losses in political conflict over trade
liberalization, and trade economists usually working with full
employment models. This book is a comprehensive treatment of the
benchmark competitive trade model with unemployment. It highlights
the important linkages between trade and employment, providing
analytical tools for participants in debates over trade
liberalization. Global economy models, and empirically important
cases where factor price equalization fails are considered for the
first time. Questions addressed include: * How do trading economies
with unemployment respond to shocks such as terms of trade
deteriorations, changes in labour market institutions or
technological change? * How does international migration affect
employed and unemployed workers? * How are trade patterns and
volumes modified by unemployment? * Is trade liberalisation always
gainful when there is unemployment? * How are European and American
labour markets linked? * How does the entry of newly
industrializing countries into manufactured goods markets affect
unemployment and wages in different parts of the world? * What is
the impact of harmonization of international labour standards on
different groups in different parts of the world? This work is a
basis for much needed empirical and policy work on trade and
unemployment. It will strongly appeal to researchers, students and
academics with an interest in international economics and
international business. Economists in government and international
agencies will also find much to interest them within this book.
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