Globalization of Labour Markets: Challenges, Adjustment and Policy Response in the European Union and Less Developed Countries / Edition 1

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To the classical driving forces of migration such as poverty, oppression and war, yet another is being added: globalization. The trend toward globalization has created new opportunities for trade and investment. These have had positive implications for economic growth and living standards. However, they also confront developed and less developed countries (LCDs) with difficult policy choices. Developed Countries (DCs) have to find a compromise between competitiveness and high labour costs, and between trade liberalization and immigration controls. LCDs have to decide whether to export labour or goods, and to accept foreign resources for development rather than migration. While, in the literature, the impact of globalization has been largely studied from specialist perspectives, this volume offers a comprehensive view of the issue.
In Globalization of Labour Markets: Challenges, Adjustment and Policy Response in the European Union and Less Developed Countries international experts:

• Explain the welfare implications of export of goods and labour from LCDs to the DCs from the perspective of both international and labour economics;
• Shed light on the possible relationship between foreign direct investment and migration;
• Offer a better understanding of the experiences of Asian, Latin American and African countries with exporting goods or labour; and
• Discuss the different policy responses to the globalization of labour markets in the European Union, East and South-East Asia and Latin America, while being aware of inter-country variations within these regions.

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Editorial Reviews

Ten revised versions of papers presented at the May 1995 workshop of the Network EU-LDC Trade and Capital Relations in Rotterdam address problems that developed and less developed countries LDCs face in connection with the globalization of labor markets. The papers, which are written by scholars from the European Union and LDCs, are accompanied by discussions by policy makers and academics in the field. Globalization is discussed in terms of theoretical issues, policy responses, and the exporting of goods or labor. Annotation c. by Book News, Inc., Portland, Or.
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Product Details

  • ISBN-13: 9780792399865
  • Publisher: Springer US
  • Publication date: 9/30/1997
  • Series: Ettore Majorana International Science Series , #13
  • Edition description: 1997
  • Edition number: 1
  • Pages: 336
  • Product dimensions: 9.21 (w) x 6.14 (h) x 0.81 (d)

Table of Contents

List of Figures. List of Tables. Preface. Forword; B.S.M. Berendsen. Part One: Overview. 1. Introduction and Summary; O. Memedovic, et al. Part Two: Theoretical Issues. 2. Trade and Wages: A Malign Relationship? J.N. Bhagwati. 3. Looking South and East: Labour Market Implications of Migration in Europe and LDCs; T. Bauer, K.F. Zimmermann. 4. Locational Innovation in LDC Investment and Its Implications for Migration: Foreign Direct Investment in and by LDCs; S. Page. Part Three: Exporting Goods or Labour. 5. Exporting Goods or Labour: Experiences of East, South and South-East Asia; F.A. Alburo. 6. Trade and Employment in Latin America; P. Meller. 7. Exporting Goods or Labour: The Experience of North and Sub-Saharan Africa; F.O. Fajana. Part Four: Policy Response. 8. Labour in the Global Economy: Challenges, Adjustment and Policy Response in the EU; G. van Liemt. 9. Labour Market Integration and Policy Response in East and South-East Asia; S. Chirathivat. 10. Technological Progress, Innovation and Employment in Latin America: the 1990s; J. Katz, J.M. Benavente. Index.

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