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Globalization and employment : is anxiety justified?

By:

LEE, Eddy

Material type: Text

TextPublication details: 1996Action note:

3/7/00 M2LMGR

Summary: Examines four sources of anxiety about the effects of globalization, viz: (1) the fear in industrialized countries that competition from newly industrialised countries will cause rising unemployment and falling relative wages among unskilled workers; (2) the fear in developing countries that liberalization will lead to job losses and rising wage inequality; (3) the fear that globalization of the labour market is leading to a race to the bottom with respect to wages and labour standards; and, (4) the fear that in the face of these new problems, globalization also implies a loss of national policy autonomy and governments becoming impotent.

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Item type	Current library	Status	Barcode
Analytic	CARICOM Documentation Centre	Available	0000000016077

Examines four sources of anxiety about the effects of globalization, viz: (1) the fear in industrialized countries that competition from newly industrialised countries will cause rising unemployment and falling relative wages among unskilled workers; (2) the fear in developing countries that liberalization will lead to job losses and rising wage inequality; (3) the fear that globalization of the labour market is leading to a race to the bottom with respect to wages and labour standards; and, (4) the fear that in the face of these new problems, globalization also implies a loss of national policy autonomy and governments becoming impotent.

3/7/00 M2LMGR

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