Labor market globalization in the recession and beyond
Two types of immigration, physical (immigration that brings the workers to the work) and virtual (immigration that moves the work rather than the workers, involving the long-distance delivery of services), have contributed to globalization of the labor force over the past quarter century. In the past two years, recession has spread to most parts of the world, slowing or even reversing globalization's momentum. The slowdown has taken a toll on both physical and virtual immigration. In recovery, the long-term factors supporting cross-border integration of trade, finance and labor are likely to reemerge, although it may take time to fully restore globalization's momentum. The outlook could change if hard times linger and countries succumb to protectionist temptations, setting off a destructive process of deglobalization.
Volume (Year): 4 (2009)
Issue (Month): dec ()
|Contact details of provider:|| Web page: http://www.dallasfed.org/|
More information through EDIRC
|Order Information:|| Email: |
When requesting a correction, please mention this item's handle: RePEc:fip:feddel:y:2009:i:dec:n:v.4no.10. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Amy Chapman)
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.