Globalisation And Labour Market Adjustment

by David Greenaway, Richard Upward, Peter Wright

Overview

Economists have long pointed to the aggregate gains that arise from increased economic integration. Although there will be adjustment costs in the short run, and there will be winners and losers in the long run, the consensus is that the benefits outweigh the costs. The popular perception of globalisation is much more pessimistic. There is a belief that advanced industrialised countries will be unable to compete with imports produced with cheap foreign labour. There is also a widespread anxiety about increased immigration; workers feel less secure in their jobs and fear wage losses and unemployment as a consequence.

This book analyses the prominent concerns surrounding globalisation and examines their validity. This timely volume brings together the most complete collection of studies available on this key issue.

Product Details

ISBN-13:	9780230265462
Publisher:	Palgrave-UK-USA
Publication date:	04/17/2008
Sold by:	Barnes & Noble
Format:	eBook
File size:	934 KB

About the Author

PAULO BASTOS Research Fellow, Leverhulme Centre for Research on Globalisation and Economic Policy, University of Nottingham, UK
CARL DAVIDSON Professor of Economics, Michigan State University, USA
BARBARA DLUHOSCH Professor of Economics, Helmut-Schmidt University, Germany
ROD FALVEY Professor of International Economics, University of Nottingham, UK
INGO GEISHECKER Researcher at the Chair of Wolfram Schrettl, Department of Economics and Institute of East-European Studies, Freie Universität, Germany
HOLGER GORG Associate Professor and Reader in International Economics, University of Nottingham, UK; Programme Co-ordinator for Globalisation, Productivity and Technology, Leverhulme Centre for Research on Globalisation and Economic Policy, University of Nottingham, UK
ALEXANDER HIJZEN Economist, Employment Analysis and Policy Division, OECD
UDO KREICKMEIER Associate Professor in Economics, University of Nottingham, UK
SARA MAIOLI Lecturer in Economics, Newcastle University Business School, Newcastle, UK
STEVE MATUSZ Professor of Economics, Michigan State University, USA
DOUGLAS NELSON Professor of Economics, Murphy Institute of Political Economy, Tulane University, USA
JOANA SILVA Research Fellow, Leverhulme Centre for Research on Globalisation and Economic Policy, University of Nottingham, UK
NIVEN WINCHESTER Lecturer in Economics, University of Otago, New Zealand

Table of Contents

List of Tables     vii
List of Figures     viii
Acknowledgements     ix
Notes on Contributors     x
Introduction and Overview   David Greenaway   Richard Upward   Peter Wright     1
Globalisation and Turnover   Carl Davidson   Steven J. Matusz     6
The Wage and Unemployment Impacts of Trade Adjustment   Paulo Bastos   Joana Silva     31
Trade and Rising Wage Inequality: What Can We Learn from a Decade of Computable General Equilibrium Analysis?   Niven Winchester     54
Unemployment in Models of International Trade   Udo Kreickemeier     73
Human Capital and Adjustment to Trade   Rod Falvey   David Greenaway   Joana Silva     97
Trade Adjustment and Occupational Mobility   Richard Upward   Peter Wright     115
The Labour Market Implications of Fragmentation and Trade Under Imperfect Competition   Barbara Dluhosch     133
The Labour Market Impact of International Outsourcing   Ingo Geishecker   Holger Gorg   Sara Maioli     152
Immigration and Labour Market Adjustment   Alexander Hijzen   Douglas Nelson     174
Index     207