IDEAS home Printed from https://ideas.repec.org/a/taf/jhudca/v11y2010i1p115-141.html
   My bibliography  Save this article

Does Fast Growth in India and China Help or Harm US Workers?

Author

Listed:
  • Alex Izurieta
  • Ajit Singh

Abstract

A major issue today is whether globalization of the world's labour, capital and product markets, together with rapid economic growth in India and China, will have an adverse effect on workers in the US and other advanced countries. Simulations of different scenarios using the Cambridge-Alphametrics Model of the World Economy indicate that, at a bloc-disaggregated level, there are severe supply-side constraints relating particularly to natural resources (energy and raw materials) that thwart the expansionary demand effects of fast growth in India and China. This analysis is based on long-term trends in the world economy prior to the current global financial crisis. However, for the sake of completeness, it also comments on the likely implications of this crisis for the USA and other advanced country workers.

Suggested Citation

  • Alex Izurieta & Ajit Singh, 2010. "Does Fast Growth in India and China Help or Harm US Workers?," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 11(1), pages 115-141.
    • Handle: RePEc:taf:jhudca:v:11:y:2010:i:1:p:115-141
    DOI: 10.1080/19452820903481558
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/19452820903481558
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/19452820903481558?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

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


    Cited by:

    1. Ashwani Saith, 2011. "Forum 2011," Development and Change, International Institute of Social Studies, vol. 42(1), pages 70-86, January.
    2. Ajit Singh, 2012. "Financial Globalization and Human Development," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 13(1), pages 135-151, February.
    3. Francis Cripps & Alex Izurieta & Ajit Singh, 2011. "Forum 2011," Development and Change, International Institute of Social Studies, vol. 42(1), pages 228-261, January.
    4. Ajit Singh & Ann Zammit, 2019. "Globalisation, labour standards and economic development," Chapters, in: Jonathan Michie (ed.), The Handbook of Globalisation, Third Edition, chapter 12, pages 202-224, Edward Elgar Publishing.
    5. Ashwani Saith, 2018. "Ajit Singh (1940–2015), the Radical Cambridge Economist: Anti†imperialist Advocate of Third World Industrialization," Development and Change, International Institute of Social Studies, vol. 49(2), pages 561-628, March.
    6. Ajit Singh, 2011. "Comparative advantage, industrial policy and the World Bank: back to first principles," Policy Studies, Taylor & Francis Journals, vol. 32(4), pages 447-460.
    7. Cripps, Francis & Izurieta, Alex & Singh, Ajit, 2011. "Global imbalances, under-consumption and overborrowing: the state of the world economy & future policies," MPRA Paper 39049, University Library of Munich, Germany.
    8. Singh, Ajit, 2011. "The economic and financial crisis of 2008-2010: the international dimension," MPRA Paper 53091, University Library of Munich, Germany.
    9. Singh, Ajit, 2011. "Globalization, Openness and Economic Nationalism: Analytical and Conceptual Issues A Foreword to Globalization and Economic Nationalism in Asia," MPRA Paper 53039, University Library of Munich, Germany.
    10. Cripps, F. & Izurieta, A. & Singh, A., 2011. "Global Imbalances, Under-Consumption and Over-Borrowing: The State of the World Economy and Future Policies," Working Papers wp419, Centre for Business Research, University of Cambridge.

    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:taf:jhudca:v:11:y:2010:i:1:p:115-141. 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CJHD20 .

    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.