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Employment, Inequality and Globalization - A Continuous Concern (Paperback)
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Employment, Inequality and Globalization - A Continuous Concern (Paperback)
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The nature of globalization and the fallout from the international
financial crisis have brought profound changes to societies and
economies around the world. This book documents that, over the last
two decades, the growth of nonstandard and informal employment has
led to greater inequalities. This is partly explained by the fact
that adjustment policies in the 1980s, market liberalization
policies in the 1990s and, more recently, globalization and
anti-poverty policies did not pay sufficient attention to policies
for employment and income redistribution. As a response to these
trends, this book recommends the development of clearer policies
for employment and income redistribution. These policies should now
become an integral part of national and international economic
policy making. This is even more relevant in the current context of
the international financial crisis as: Several elements of
globalization, especially the unfettered markets, and the growing
inequality have given cause to the current crisis and, There is
growing evidence that the employment, human and social effects of
the financial crisis will be felt well after an economic recovery
has taken place, especially if no corrective action is taken. This
volume will be of benefit to policymakers, scholars and
practitioners alike. This book was published as a special issue of
the Journal of Human Development and Capabilities.
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