Globalisation and Employment: A Prelude
Globalisation has proceeded at an unimagined pace in the last few decades. While it has resulted in high growth of global income, questions are raised about the equity of such growth. Disparity seems to be aggravating, as globalisation seems to be depressing the labour market. Unemployment is rising, both absolutely and as proportion of labour force, especially in developing regions. Elasticity of employment is low and falling further. Whatever little employment expansion is occurring is mostly vulnerable in nature, remuneration levels are scanty, and working poverty is substantially high. Using a Globalisation Index, it is observed that except the developed countries, pace and levels of globalisation are affecting the labour market negatively. Employment growth and elasticities are lower in regions that have had rapid globalisation. Institutional mechanism and improving social security for workers must therefore precede global integration of the economy.
|Date of creation:||Dec 2008|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Antonio Spilimbergo & Juan Luis Londoño & Miguel Székely, 1997.
"Income Distribution, Factor Endowments, and Trade Openness,"
Research Department Publications
4088, Inter-American Development Bank, Research Department.
- Spilimbergo, Antonio & Londono, Juan Luis & Szekely, Miguel, 1999. "Income distribution, factor endowments, and trade openness," Journal of Development Economics, Elsevier, vol. 59(1), pages 77-101, June.
- Ravallion, Martin, 2001.
"Growth, Inequality and Poverty: Looking Beyond Averages,"
Elsevier, vol. 29(11), pages 1803-1815, November.
- Ravallion, Martin, 2001. "Growth, inequality, and poverty : looking beyond averages," Policy Research Working Paper Series 2558, The World Bank.
- Axel Dreher, 2006.
"Does globalization affect growth? Evidence from a new index of globalization,"
Taylor & Francis Journals, vol. 38(10), pages 1091-1110.
- Axel Dreher, 2005. "Does Globalization Affect Growth? Evidence from a new Index of Globalization," TWI Research Paper Series 6, Thurgauer Wirtschaftsinstitut, Universitï¿½t Konstanz.
- Susanto Basu & David N. Weil, 1998.
"Appropriate Technology And Growth,"
The Quarterly Journal of Economics,
MIT Press, vol. 113(4), pages 1025-1054, November.
- Birchenall, Javier A., 2001. "Income distribution, human capital and economic growth in Colombia," Journal of Development Economics, Elsevier, vol. 66(1), pages 271-287, October.
- Branko Milanovic, 2003.
"The Two Faces Of Globalization: Against Globalization As We Know It,"
Development and Comp Systems
- Milanovic, Branko, 2003. "The Two Faces of Globalization: Against Globalization as We Know It," World Development, Elsevier, vol. 31(4), pages 667-683, April.
- Pavcnik, Nina & Blom, Andreas & Goldberg, Pinelopi & Schady, Norbert, 2003. "Trade liberalization and labor market adjustment in Brazil," Policy Research Working Paper Series 2982, The World Bank.
- Wood, Adrian & Ridao-Cano, Cristobal, 1999. "Skill, Trade, and International Inequality," Oxford Economic Papers, Oxford University Press, vol. 51(1), pages 89-119, January.
- Peter Gottschalk & Timothy M. Smeeding, 1997. "Cross-National Comparisons of Earnings and Income Inequality," Journal of Economic Literature, American Economic Association, vol. 35(2), pages 633-687, June.
- Wood, Adrian, 1997. "Openness and Wage Inequality in Developing Countries: The Latin American Challenge to East Asian Conventional Wisdom," World Bank Economic Review, World Bank Group, vol. 11(1), pages 33-57, January.
- Lee, Eddy & Vivarelli, Marco, 2006.
"The Social Impact of Globalization in the Developing Countries,"
IZA Discussion Papers
1925, Institute for the Study of Labor (IZA).
- Eddy LEE & Marco VIVARELLI, 2006. "The social impact of globalization in the developing countries," International Labour Review, International Labour Organization, vol. 145(3), pages 167-184, 09.
- Ann E. Harrison & Brian J. Aitken, 1999. "Do Domestic Firms Benefit from Direct Foreign Investment? Evidence from Venezuela," American Economic Review, American Economic Association, vol. 89(3), pages 605-618, June.
- Wood, Adrian, 1995. "North-South Trade, Employment and Inequality: Changing Fortunes in a Skill-Driven World," OUP Catalogue, Oxford University Press, number 9780198290155.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:12814. 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: (Ekkehart Schlicht)
If references are entirely missing, you can add them using this form.