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The Asian Recession and Northern Labour Markets

Author

Listed:
  • Yang, Y.
  • Tyers, R.

Abstract

As debt work-outs facilitate recovery from Asia'a recession, GDP there can be expected to rise and manufactured exports to expand. Asian imports and investment will remain low, however, as crisis-enhanced foreign debt is serviced and domestic savings continue to be sent abroad. Superficially, the surge in labour intensive manufactured exports and the associated real appreciation in the north could see northern workers disadvantaged.

Suggested Citation

  • Yang, Y. & Tyers, R., 1999. "The Asian Recession and Northern Labour Markets," Papers 372, Australian National University - Department of Economics.
    • Handle: RePEc:fth:aunaec:372
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    Cited by:

    1. is not listed on IDEAS
    2. Saibal Kar, 2013. "Recession, terms of trade, and immigrants," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 16(4), pages 368-379, December.
    3. Narayanan, Badri G. & Hertel, Thomas W. & Horridge, J. Mark, 2010. "Disaggregated data and trade policy analysis: The value of linking partial and general equilibrium models," Economic Modelling, Elsevier, vol. 27(3), pages 755-766, May.
    4. Narayana, Badri G. & Hertel, Thomas W. & Horridge, J. Mark, 2010. "Linking Partial and General Equilibrium Models: A GTAP Application Using TASTE," Technical Papers 283427, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.

    More about this item

    Keywords

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    JEL classification:

    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • E00 - Macroeconomics and Monetary Economics - - General - - - General

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