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Title: Globalisation and workers in developing countries
Other Titles: Symposium on Perspectives on Globalisation
Author: Rama, Martín
Keywords: Dispersion of wages
Labour market policy
Issue Date: 2002
Publisher: Statistical and Social Inquiry Society of Ireland
Citation: Rama, Martin. 'Globalisation and workers in developing countries', Symposium on Perspectives on Globalisation. - Dublin: Journal of the Statistical and Social Inquiry Society of Ireland,Vol. XXXI, 2001/2002, pp147-194
Series/Report no.: Journal of the Statistical and Social Inquiry Society of Ireland
Vol. XXXI 2001/2002
Abstract: Stories of the positive and negative effects of globalisation on workers in developing countries abound. However, 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 underway, and derives the implications for public policy. Firstly, it deals with the effects of openness to trade, foreign direct investment and financial crises on average wages. Secondly, it discusses the impact of exposure to world markets on the dispersion of wages by occupation, skill and gender. Thirdly, it describes the pattern of job destruction and job creation associated with globalisation. Since these two processes are not synchronised, the fourth issue addressed is the impact on unemployment rates. Fifthly, the paper reviews the labour market policies that can be used to offset the adverse impacts of globalisation on employment and labour earnings. Finally, it discusses how the international community could encourage developing countries to adopt sound labour market policies in the context of globalisation.
Description: Read before the Society, 18 April 2002
ISSN: 00814776
Appears in Collections:Archive JSSISI: 1847- Complete Collection
JSSISI: 2001 to 2002, Vol. XXXI, 155th Session

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