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020 _a9780198290155
020 _a0198290152 (UKTrade Paper)
_cUSD 74.00 Retail Price (Publisher)
024 3 _a9780198290155
035 _a(WaSeSS)ssj0000088536
037 _b00020142
040 _aBIP US
_dWaSeSS
_dBD-DhUL
_cBD-DhUL
082 0 0 _a331.12091724
_220
_bWON
100 1 _aWood, Adrian
_eAuthor
210 1 0 _aNorth-South Trade, Employment, and Inequality
245 1 0 _aNorth-South Trade, Employment, and Inequality :
_bChanging Fortunes in a Skill-Driven World
260 _aNew York :
_bOxford University Press,
_cSept. 1995
440 0 _aIDS Development Studies Ser.
506 _aLicense restrictions may limit access.
520 8 _aAnnotation
_bDrawing 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.
521 _aCollege Audience
_bOxford University Press, Incorporated
773 0 _tOxford Scholarship Online Economics and Finance
942 _2ddc
_cBK
999 _c2775
_d2775