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Globalisation and the labour market

Trade, Technology and Less Skilled Workers in Europe and the United States

Robert Anderton, Paul Brenton og John Whalley

Routledge 2006. 272 s. ISBN 0415320127
Bogomtale fra forlaget.

In the past thirty years, the decline in the wages and employment of less-skilled workers relative to skilled workers in Europe and North America has coincided with an acceleration in 'globalization'. The latter's rapid pace is indicated by the strong growth in both world trade and foreign direct investment which, in turn, have been stimulated by various factors such as reductions in trade barriers a drastic decline in the costs of communication and transportation and the internationalization of production. Although it is now widely held that the main cause of this rise in inequality seems to be a shift in demand towards higher skilled workers, this book aims to shed light on whether it is trade or technology that is primarily responsible for this demand shift.

Incorporating new empirical data and using a wide variety of methods such as econometrics, general equilibrium and case-studies, this detailed volume provides a thorough investigation into the causes of the deterioration in the relative economic fortunes of less-skilled workers across various countries, with a focus on the role of globalization. Importantly, the studies in this book describe how globalisation and technological change are interacting rather than separate forces. Topical and timely, this significant book will be a valuable read for academic researchers, analysts and professional economists in the policy making community.

Contents:

Foreward by David Greenaway

Chapter 1. Globalisation and the Labour Market [Author: Robert Anderton]
Chapter 2. Inequality, Trade and Defensive Innovation in the USA [Authors: Robert Anderton and Eva Oscarsson]
Chapter 3. The Impact of Increased Openness on Job Creation and Job Destruction in Portugal [Author: Ana Rute Cardoso]
Chapter 4. International Trade and the Income Position of Low-Skilled Workers in the European Union [Authors: Ludo Cuyvers, Michel Dumont and Glenn Rayp]
Chapter 5. Using Structural Models in Trade-Technology Wage Inequality Decompositions [Authors: Lisandro Abrego and John Whalley]
Chapter 6. Adjustment to globalisation: A Study of the Footwear Industry in Europe [Authors: Paul Brenton, Anna Maria Pinna and Mark Vancauteren]
Chapter 7. International Trade in Intermediate Inputs: the Case of the Automobile Industry [Author: Markus Diehl]
Chapter 8. Outsourcing, Outward Processing and Output Quality: A Case-Study from the Ceramic Tableware Industry [Author: Valerie Jarvis]
Chapter 9. Adjusting to Globalisation: Policy Responses in Europe and the USA [Author: Paul Brenton]

Author Biography:
Robert Anderton currently works on trade and capital flows issues at the European Central Bank He is also Professor, School of Economics, University of Nottingham, UK. Paul Brenton is a Researcher in International Trade Department at the World Bank. John Whalley is Professor of Economics at both University of Warwick, UK and University of Western Ontario, Canada.

Full Contributors:
Lisandro Abrego: International monetary Fund, Washington D.C.
Robert Anderton: European Central Bank, Frankfurt, Germany and University of Nottingham, UK.
Paul Brenton: World Bank, Washington D.C.
Ana Rute Cardoso: University of Minho, Portugal
Ludo Cuyvers: University of Antwerp
Markus Diehl: Economics Department at WestLB AG, Dusseldorf
Michel Dumont: University of Antwerp

Valerie Jarvis: National Institute of Economic and Social Research, London, UK

Eva Oscarsson: Swedish Ministry of Finance

Anna Maria Pinna: Centre for European Policy Studies, Brussels.

Glenn Rayp: University of Ghent.

Mark Vancauteren: Universite Catholique de Louvain.

John Whalley: University of Warwick, UK and University of Western Ontario, Canada,