North-South Trade, Employment, and Inequality : Changing Fortunes in a Skill-Driven World
by Wood, Adrian [Author].
Material type:
BookSeries: IDS Development Studies Ser. Publisher: New York : Oxford University Press, Sept. 1995ISBN: 9780198290155; 0198290152 (UKTrade Paper).Summary: Annotation Drawing on three fields of economics (international, labour, and development), this study shows that expansion of North-South trade in manufactures has had a far greater impact on labour markets than earlier work suggested. In the South, unskilled workers have benefited most from this trade,but in the North, the gains have been concentrated on skilled labour, while unskilled workers have suffered falling wages and rising unemployment. This decline in the economic position of unskilled workers has increased inequality, and aggravated crime and other forms of social erosion, on bothsides of the Atlantic.The failure of Northern governments to recognize that trade with the South has these adverse side-effects, and to take appropriate counter-measures, has fuelled the rise of protectionism - the worst possible response, which slows economic progress in both regions. The best solution for the longerterm in the North is more investment in education, to raise the supply of skilled labour. However, the benefits of this investment will emerge slowly. During the next one or two decades, Professor Wood argues, other measures are also urgently needed to boost the demand for, and incomes of,unskilled workers.
| Item type | Current location | Collection | Call number | Copy number | Status | Date due | Barcode |
|---|---|---|---|---|---|---|---|
Books
|
Dhaka University Science Library General Stacks | Non Fiction | 331.12091724 WON (Browse shelf) | 1 | Available | 359965 |
Browsing Dhaka University Science Library Shelves , Shelving location: General Stacks , Collection code: Non Fiction Close shelf browser
|
|
|
|
|
No cover image available | No cover image available | ||
| 331.115 PYP Planning techniques for a better future : | 331.115 PYP Planning techniques for a better future : | 331.115 PYP Planning techniques for a better future : | 331.12091724 WON North-South Trade, Employment, and Inequality : | 331.12091732 SIU Urban structure and the labour market : | 331.127954 SHM Mechanisms of underdevelopment, labour migration, and planning strategies in India / | 331.137 KRS Spatial dimensions of unemployment and underemployment : |
License restrictions may limit access.
Annotation Drawing on three fields of economics (international, labour, and development), this study shows that expansion of North-South trade in manufactures has had a far greater impact on labour markets than earlier work suggested. In the South, unskilled workers have benefited most from this trade,but in the North, the gains have been concentrated on skilled labour, while unskilled workers have suffered falling wages and rising unemployment. This decline in the economic position of unskilled workers has increased inequality, and aggravated crime and other forms of social erosion, on bothsides of the Atlantic.The failure of Northern governments to recognize that trade with the South has these adverse side-effects, and to take appropriate counter-measures, has fuelled the rise of protectionism - the worst possible response, which slows economic progress in both regions. The best solution for the longerterm in the North is more investment in education, to raise the supply of skilled labour. However, the benefits of this investment will emerge slowly. During the next one or two decades, Professor Wood argues, other measures are also urgently needed to boost the demand for, and incomes of,unskilled workers.
College Audience Oxford University Press, Incorporated
There are no comments for this item.