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Books > Reference & Interdisciplinary > Interdisciplinary studies > Globalization
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Globalization, Wages, and the Quality of Jobs - Five Country Studies (Paperback, New)
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Globalization, Wages, and the Quality of Jobs - Five Country Studies (Paperback, New)
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Since the early 1990s, most developing economies have become more
integrated with the world s economy. Trade and foreign investment
barriers have been progressively lifted and international trade
agreements signed. These reforms have led to important changes in
the structures of these economies. The labor markets have adjusted
to these major changes, and workers were required to adapt to them
in one way or another. In 2006, the Social Protection Unit of the
World Bank launched an important research program to understand the
impact that these profound structural changes have had on workers
in developing countries. 'Globalization, Wages, and the Quality of
Jobs: Five Country Studies' presents the findings and insights of
this important research program. In particular, the authors present
the similar experiences of low-income countries with globalization
and suggest that low-income countries working conditions have
improved in the sectors exposed to globalization. However,
'Globalization, Wages, and the Quality of Jobs' also highlights
concerns about the sustainability of these improvements and that
the positive demonstration effects on the rest of the economy are
unclear. The empirical literature that exists, although vast, does
not lead to a consensus view on globalization s eventual impact on
labor markets. Understanding the effects of globalization is
crucial for governments concerned about employment, working
conditions, and ultimately, poverty reduction. Beyond job creation,
improving the quality of those jobs is an essential condition for
achieving poverty reduction. 'Globalization, Wages, and the Quality
of Jobs' adds to the existing literature in two ways. First, the
authors provide a comprehensive literature review on the current
wisdom on globalization and present a micro-based framework for
analyzing globalization and working conditions in developing
countries. Second, the authors apply this framework to five
developing countries: Cambodia, El Salvador, Honduras, Indonesia,
and Madagascar. This volume will be of interest to government
policy makers, trade officials, and others working to expand the
benefits of globalization to developing countries."
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