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Globalisation and the Labour Market - Trade, Technology and Less Skilled Workers in Europe and the United States (Paperback)
Loot Price: R1,107
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Globalisation and the Labour Market - Trade, Technology and Less Skilled Workers in Europe and the United States (Paperback)
Series: Routledge Studies in the Modern World Economy
Expected to ship within 12 - 17 working days
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Incorporating new empirical data and using a wide variety of
methods such as econometrics, general equilibrium and case studies,
this detailed volume provides a thorough investigation into the
causes of the deterioration in the relative economic fortunes of
less-skilled workers across various countries, with a focus on the
role of globalization. It reveals how in the past thirty years, the
decline in the wages and employment of less-skilled workers
relative to skilled workers in Europe and North America has
coincided with an acceleration in 'globalization'. The latter's
rapid pace is indicated by the strong growth in both world trade
and foreign direct investment which, in turn, have been stimulated
by various factors such as reductions in trade barriers a drastic
decline in the costs of communication and transportation and the
internationalization of production. Although it is now widely held
that the main cause of this rise in inequality seems to be a shift
in demand towards higher skilled workers, this book aims to shed
light on whether it is trade or technology that is primarily
responsible for this demand shift. Importantly, the studies in this
book describe how globalisation and technological change are
interacting rather than separate forces. Topical and timely, this
significant book will be a valuable read for academic researchers,
analysts and professional economists in the policy making
community.
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