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North-South Trade, Employment and Inequality: Changing Fortunes .9780198290155
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Item specifics
- Condition
- Title
- North-South Trade, Employment, And Inequality: Changing Fortunes
- ISBN
- 9780198290155
- Publication Year
- 1995
- Type
- Textbook
- Format
- Paperback
- Language
- English
- Publication Name
- North-South Trade, Employment and Inequality: Changing Fortunes in a Skill-Driven World
- Item Height
- 234mm
- Publisher
- Oxford University Press
- Item Width
- 157mm
- Subject
- Economics
- Item Weight
- 831g
- Number of Pages
- 528 Pages
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Product Information
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 both sides 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 longer term 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.
Product Identifiers
Publisher
Oxford University Press
ISBN-13
9780198290155
eBay Product ID (ePID)
90174856
Product Key Features
Publication Name
North-South Trade, Employment and Inequality: Changing Fortunes in a Skill-Driven World
Format
Paperback
Language
English
Subject
Economics
Publication Year
1995
Type
Textbook
Number of Pages
528 Pages
Dimensions
Item Height
234mm
Item Width
157mm
Item Weight
831g
Additional Product Features
Series Title
Clarendon Paperbacks
Country/Region of Manufacture
United Kingdom
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WRAP Ltd.
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