IDEAS home Printed from https://ideas.repec.org/h/pal/intecp/978-1-4039-2018-8_8.html
   My bibliography  Save this book chapter

International Trade and Labour Market Adjustment in Developing Countries

In: Trade, Investment, Migration and Labour Market Adjustment

Author

Listed:
  • Augustin Kwasi Fosu

    (African Economic Research Consortium)

Abstract

The current school of thought in the growth literature appears to favour openness as the appropriate strategy for generating sustainable growth in developing countries. Correspondingly, the import-substituting (IS) paradigm that seemed to dominate much of the 1950s and 1960s has now given way to export-promoting (EP) strategies.1 Policies based on these trade-related modes of development are credited with promoting the relatively spectacular growth especially in East Asian economies. More recently, in the mid-1980s, many developing economies have engaged in trade liberalisation programmes, and there appears to be some evidence that such programmes have aided growth. What remains unclear, however, is the role of labour market adjustments in transmitting growth to improving the welfare of the population, at least in the short run. Such transmission has become particularly important as the current focus of the debate seems to have shifted from just economic growth to poverty reduction in developing countries.

Suggested Citation

  • Augustin Kwasi Fosu, 2002. "International Trade and Labour Market Adjustment in Developing Countries," International Economic Association Series, in: David Greenaway & Richard Upward & Katharine Wakelin (ed.), Trade, Investment, Migration and Labour Market Adjustment, chapter 8, pages 137-156, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-4039-2018-8_8
    DOI: 10.1057/9781403920188_8
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Augustin Kwasi Fosu, 2012. "Development Success: Historical Accounts from More Advanced Countries," WIDER Working Paper Series wp-2012-071, World Institute for Development Economic Research (UNU-WIDER).
    2. Fosu, Augustin Kwasi, 2012. "Development Success: Historical Accounts from More Advanced Countries," WIDER Working Paper Series 071, World Institute for Development Economic Research (UNU-WIDER).
    3. repec:unu:wpaper:wp2012-71 is not listed on IDEAS

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:intecp:978-1-4039-2018-8_8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.