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Globalization and workers in developing countries Author info | Abstract | Publisher info | Download info | Related research | Statistics Rama, Martin
Stories on the positive and negative effects of globalization on workers in developing countries abound. But a comprehensive picture is missing and many of the stories are ideologically charged. This paper reviews the academic literature on the subject, including several studies currently under way, and derives the implications for public policy. First, it deals with the effects of openness to trade, foreign direct investment, and financial crises on average wages. Second, it discusses the impact of exposure to world markets on the dispersion of wages by occupation, skill, and gender. Third, it describes the pattern of job destruction and job creation associated with globalization. Because these two processes are not synchronized, the fourth issue addressed is the impact on unemployment rates. Fifth, the paper reviews the labor market policies that can be used to offset the adverse effects of globalization on employment and labor earnings. Finally, it discusses how the international community could encourage developing countries to adopt sound labor market policies in the contextof globalization.
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Paper provided by The World Bank in its series Policy Research Working Paper Series with number
2958.
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Date of creation: 31 Jan 2003Date of revision:
Handle: RePEc:wbk:wbrwps:2958Contact details of provider: Postal: 1818 H Street, N.W., Washington, DC 20433 Email: Web page: http://www.worldbank.org/ More information through EDIRC
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Keywords: Labor Policies ; Public Health Promotion ; Banks&Banking Reform ; Environmental Economics&Policies ; Economic Theory&Research ; Environmental Economics&Policies ; Economic Theory&Research ; TF054105-DONOR FUNDED OPERATION ADMINISTRATION FEE INCOME AND EXPENSE ACCOUNT ; Banks&Banking Reform ; Health Monitoring&Evaluation ; Other versions of this item:
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"Globalization, Neoloberalism And Labour ,"
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Peter Nunnenkamp & Rainer Schweickert & Manfred Wiebelt, 2006.
"Distributional Effects of FDI: How the Interaction of FDI and Economic Policy Affects Poor Households in Bolivia ,"
Kiel Working Papers
1281, Kiel Institute for the World Economy.
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Other versions:
Nunnenkamp, Peter & Schweickert, Rainer & Wiebelt, Manfred, 2006.
"Distributional effects of FDI: How the interaction of FDI and economic policy affects poor households in Bolivia ,"
Proceedings of the German Development Economics Conference, Göttingen 2007
35, Verein für Socialpolitik, Research Committee Development Economics.
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"Minimum Wages and the Welfare of Workers in Honduras ,"
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2892, Institute for the Study of Labor (IZA).
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van der Berg, Servaas & Burger, Ronelle & Louw, Megan, 2007.
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Rémi Bazillier & Nicolas Sirven, 2006.
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