Globalization and Workers in Developing Countries
Stories on the positive and negative effects of globalization on workers in developing countries abound. But a comprehensive picture is missing and many of the stories are ideologically charged. This paper reviews the academic literature on the sub...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2003/01/2125232/globalization-workers-developing-countries http://hdl.handle.net/10986/19177 |
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okr-10986-191772021-04-23T14:03:42Z Globalization and Workers in Developing Countries Rama, Martin ADVERSE EFFECTS AGRICULTURE AVERAGE TARIFF CAPITAL ACCOUNT CAPITAL FLOWS CAPITAL GOODS CAPITAL STOCK CHILD LABOR CLIMATE COMPARATIVE ADVANTAGE DEVALUATION DOMESTIC MARKET ECONOMIC ANALYSIS ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMISTS EQUALIZATION EXCHANGE RATE EXPORT INDUSTRIES EXPORT PROCESSING EXPORT PROCESSING ZONES EXPORTS FACTORS OF PRODUCTION FINANCIAL CRISES FOOD PROCESSING FOREIGN COMPETITION FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN INVESTMENT FOREIGN TRADE GDP GROWTH RATE HIGH UNEMPLOYMENT IMPACT OF TRADE IMPACT OF TRADE LIBERALIZATION IMPORT PENETRATION INCOME INDUSTRIAL PRODUCTION INTERNATIONAL CAPITAL MOBILITY INTERNATIONAL MARKETS INTERNATIONAL TRADE LABOR FORCE LABOR MARKET POLICIES LABOR MARKETS LAWS MACROECONOMIC FLUCTUATIONS MARKET DISTORTIONS MARKETING MIGRATION MINIMUM WAGE MINIMUM WAGES MONOPOLIES NET LOSS OPEN ECONOMIES OPENNESS PLANNED ECONOMIES POVERTY ALLEVIATION PRESENT VALUE PRIVATE SECTOR PRIVATIZATION PRODUCT MARKETS PRODUCTIVITY PROTECTIONISM PUBLIC POLICY PUBLIC SECTOR PUBLIC SERVICES PURCHASING POWER RETIREMENT SIDE EFFECTS TARIFF BARRIERS TARIFF PROTECTION TARIFF RATE TARIFF REDUCTION TAX REFORM TECHNOLOGICAL CHANGE TIME SERIES TRADABLE GOODS TRADE BARRIERS TRADE FLOWS TRADE LIBERALIZATION TRADE OPENNESS TRADE REFORM TRADE UNIONS TRANSITION ECONOMIES UNEMPLOYMENT UNEMPLOYMENT RATES UNSKILLED LABOR UNSKILLED WORKERS URBANIZATION WAGE DIFFERENTIALS WAGE DISTRIBUTION WAGE GAP WAGE INEQUALITY WAGE RATES WAGES WORKING CONDITIONS Stories on the positive and negative effects of globalization on workers in developing countries abound. But 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 under way, and derives the implications for public policy. First, it deals with the effects of openness to trade, foreign direct investment, and financial crises on average wages. Second, it discusses the impact of exposure to world markets on the dispersion of wages by occupation, skill, and gender. Third, it describes the pattern of job destruction and job creation associated with globalization. Because these two processes are not synchronized, the fourth issue addressed is the impact on unemployment rates. Fifth, the paper reviews the labor market policies that can be used to offset the adverse effects of globalization on employment and labor earnings. Finally, it discusses how the international community could encourage developing countries to adopt sound labor market policies in the context of globalization. 2014-08-01T15:58:01Z 2014-08-01T15:58:01Z 2003-01 http://documents.worldbank.org/curated/en/2003/01/2125232/globalization-workers-developing-countries http://hdl.handle.net/10986/19177 English en_US Policy Research Working Paper;No. 2958 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ADVERSE EFFECTS AGRICULTURE AVERAGE TARIFF CAPITAL ACCOUNT CAPITAL FLOWS CAPITAL GOODS CAPITAL STOCK CHILD LABOR CLIMATE COMPARATIVE ADVANTAGE DEVALUATION DOMESTIC MARKET ECONOMIC ANALYSIS ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMISTS EQUALIZATION EXCHANGE RATE EXPORT INDUSTRIES EXPORT PROCESSING EXPORT PROCESSING ZONES EXPORTS FACTORS OF PRODUCTION FINANCIAL CRISES FOOD PROCESSING FOREIGN COMPETITION FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN INVESTMENT FOREIGN TRADE GDP GROWTH RATE HIGH UNEMPLOYMENT IMPACT OF TRADE IMPACT OF TRADE LIBERALIZATION IMPORT PENETRATION INCOME INDUSTRIAL PRODUCTION INTERNATIONAL CAPITAL MOBILITY INTERNATIONAL MARKETS INTERNATIONAL TRADE LABOR FORCE LABOR MARKET POLICIES LABOR MARKETS LAWS MACROECONOMIC FLUCTUATIONS MARKET DISTORTIONS MARKETING MIGRATION MINIMUM WAGE MINIMUM WAGES MONOPOLIES NET LOSS OPEN ECONOMIES OPENNESS PLANNED ECONOMIES POVERTY ALLEVIATION PRESENT VALUE PRIVATE SECTOR PRIVATIZATION PRODUCT MARKETS PRODUCTIVITY PROTECTIONISM PUBLIC POLICY PUBLIC SECTOR PUBLIC SERVICES PURCHASING POWER RETIREMENT SIDE EFFECTS TARIFF BARRIERS TARIFF PROTECTION TARIFF RATE TARIFF REDUCTION TAX REFORM TECHNOLOGICAL CHANGE TIME SERIES TRADABLE GOODS TRADE BARRIERS TRADE FLOWS TRADE LIBERALIZATION TRADE OPENNESS TRADE REFORM TRADE UNIONS TRANSITION ECONOMIES UNEMPLOYMENT UNEMPLOYMENT RATES UNSKILLED LABOR UNSKILLED WORKERS URBANIZATION WAGE DIFFERENTIALS WAGE DISTRIBUTION WAGE GAP WAGE INEQUALITY WAGE RATES WAGES WORKING CONDITIONS |
| spellingShingle |
ADVERSE EFFECTS AGRICULTURE AVERAGE TARIFF CAPITAL ACCOUNT CAPITAL FLOWS CAPITAL GOODS CAPITAL STOCK CHILD LABOR CLIMATE COMPARATIVE ADVANTAGE DEVALUATION DOMESTIC MARKET ECONOMIC ANALYSIS ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMISTS EQUALIZATION EXCHANGE RATE EXPORT INDUSTRIES EXPORT PROCESSING EXPORT PROCESSING ZONES EXPORTS FACTORS OF PRODUCTION FINANCIAL CRISES FOOD PROCESSING FOREIGN COMPETITION FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN INVESTMENT FOREIGN TRADE GDP GROWTH RATE HIGH UNEMPLOYMENT IMPACT OF TRADE IMPACT OF TRADE LIBERALIZATION IMPORT PENETRATION INCOME INDUSTRIAL PRODUCTION INTERNATIONAL CAPITAL MOBILITY INTERNATIONAL MARKETS INTERNATIONAL TRADE LABOR FORCE LABOR MARKET POLICIES LABOR MARKETS LAWS MACROECONOMIC FLUCTUATIONS MARKET DISTORTIONS MARKETING MIGRATION MINIMUM WAGE MINIMUM WAGES MONOPOLIES NET LOSS OPEN ECONOMIES OPENNESS PLANNED ECONOMIES POVERTY ALLEVIATION PRESENT VALUE PRIVATE SECTOR PRIVATIZATION PRODUCT MARKETS PRODUCTIVITY PROTECTIONISM PUBLIC POLICY PUBLIC SECTOR PUBLIC SERVICES PURCHASING POWER RETIREMENT SIDE EFFECTS TARIFF BARRIERS TARIFF PROTECTION TARIFF RATE TARIFF REDUCTION TAX REFORM TECHNOLOGICAL CHANGE TIME SERIES TRADABLE GOODS TRADE BARRIERS TRADE FLOWS TRADE LIBERALIZATION TRADE OPENNESS TRADE REFORM TRADE UNIONS TRANSITION ECONOMIES UNEMPLOYMENT UNEMPLOYMENT RATES UNSKILLED LABOR UNSKILLED WORKERS URBANIZATION WAGE DIFFERENTIALS WAGE DISTRIBUTION WAGE GAP WAGE INEQUALITY WAGE RATES WAGES WORKING CONDITIONS Rama, Martin Globalization and Workers in Developing Countries |
| relation |
Policy Research Working Paper;No. 2958 |
| description |
Stories on the positive and negative
effects of globalization on workers in developing countries
abound. But 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 under way, and derives the implications
for public policy. First, it deals with the effects of
openness to trade, foreign direct investment, and financial
crises on average wages. Second, it discusses the impact of
exposure to world markets on the dispersion of wages by
occupation, skill, and gender. Third, it describes the
pattern of job destruction and job creation associated with
globalization. Because these two processes are not
synchronized, the fourth issue addressed is the impact on
unemployment rates. Fifth, the paper reviews the labor
market policies that can be used to offset the adverse
effects of globalization on employment and labor earnings.
Finally, it discusses how the international community could
encourage developing countries to adopt sound labor market
policies in the context of globalization. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Rama, Martin |
| author_facet |
Rama, Martin |
| author_sort |
Rama, Martin |
| title |
Globalization and Workers in Developing Countries |
| title_short |
Globalization and Workers in Developing Countries |
| title_full |
Globalization and Workers in Developing Countries |
| title_fullStr |
Globalization and Workers in Developing Countries |
| title_full_unstemmed |
Globalization and Workers in Developing Countries |
| title_sort |
globalization and workers in developing countries |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2003/01/2125232/globalization-workers-developing-countries http://hdl.handle.net/10986/19177 |
| _version_ |
1764439263156371456 |