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Globalization of Labour Markets : Challenges, Adjustment and Policy Response in the European Union and Less Developed Countries :  Challenges, Adjustment and Policy Response in the European Union and Less Developed Countries - Olga Memedovic

Globalization of Labour Markets : Challenges, Adjustment and Policy Response in the European Union and Less Developed Countries

Challenges, Adjustment and Policy Response in the European Union and Less Developed Countries

By: Olga Memedovic (Editor), Arie Kuyvenhoven (Editor), Willem T.M. Molle (Editor)

Hardcover

Published: December 2009
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To the classical driving forces of migration such as poverty, oppression and war, yet another is being added: globalization. The trend toward globalization has created new opportunities for trade and investment. These have had positive implications for economic growth and living standards. However, they also confront developed and less developed countries (LCDs) with difficult policy choices. Developed Countries (DCs) have to find a compromise between competitiveness and high labour costs, and between trade liberalization and immigration controls. LCDs have to decide whether to export labour or goods, and to accept foreign resources for development rather than migration. While, in the literature, the impact of globalization has been largely studied from specialist perspectives, this volume offers a comprehensive view of the issue. In Globalization of Labour Markets: Challenges, Adjustment and Policy Response in the European Union and Less Developed Countries international experts: Explain the welfare implications of export of goods and labour from LCDs to the DCs from the perspective of both international and labour economics; Shed light on the possible relationship between foreign direct investment and migration; Offer a better understanding of the experiences of Asian, Latin American and African countries with exporting goods or labour; and Discuss the different policy responses to the globalization of labour markets in the European Union, East and South-East Asia and Latin America, while being aware of inter-country variations within these regions.

List of figuresp. ix
List of tablesp. xi
Prefacep. xv
Forewordp. xvii
Acknowledgementsp. xxi
List of contributorsp. xxiii
Overview
Introduction and summaryp. 3
Introductionp. 3
Theoretical issuesp. 8
Exporting goods or labourp. 14
Policy responsep. 20
Theoretical Issues
Trade and wages: a malign relationship?p. 31
Introductionp. 31
Clarifications and caveatsp. 32
Alternative theoretical approachesp. 35
Concluding thoughtsp. 56
Discussionp. 66
Looking South and East: labour market implications of migration in Europe and LDCsp. 75
Introductionp. 75
Some stylized factsp. 76
Theoretical frameworkp. 86
Calculating the gains from immigration for the destination countryp. 91
Conclusionsp. 97
Discussionp. 103
Locational innovation in LDC investment and its implications for migration: foreign direct investment in and by LDCsp. 111
Introductionp. 111
New sources and directionsp. 112
Reasons for investingp. 119
Why do countries want FDI?p. 122
Do the traditional explanations still work?p. 123
Multinationals and tradep. 126
Differences among foreign investorsp. 131
Prospects for FDIp. 132
Discussionp. 135
Exporting Goods or Labour
Exporting goods or labour: experiences of East, South and South-East Asiap. 153
Introduction: explosion of labour exportsp. 153
Goods exports or labour exports?p. 157
Trade and turning-pointsp. 162
Conclusionp. 168
Discussionp. 172
Trade and employment in Latin Americap. 183
Introductionp. 183
Review of the employment-trade relationshipp. 184
The pattern of Latin American tradep. 187
Estimation of the employment effects of Latin American trade in manufacturesp. 191
Changes in employment in the Chilean and Mexican manufacturing sectorp. 199
Discussionp. 203
Exporting goods or labour: the experience of North and Sub-Saharan Africap. 213
Introductionp. 213
North and Sub-Saharan Africa's experience with exporting goods to Europep. 214
Migration of labour from North and Sub-Saharan Africa to Europep. 218
Prospects and the way outp. 223
Discussionp. 227
Policy Response
Labour in the global economy: challenges, adjustment and policy response in the EUp. 237
Introductionp. 237
The social dimension of globalizationp. 239
The social dimension of the European integrationp. 242
Conclusionp. 248
Discussionp. 251
Labour market integration and policy response in East and South-East Asiap. 257
Overviewp. 257
Broad conceptual backgroundp. 258
Recent experiences of labour mobility in ESEAp. 259
Labour market integration in the context of regional economic integrationp. 261
Further steps for regional policyp. 267
Conclusionp. 272
Discussionp. 275
Technological progress, innovation and employment in Latin America: the 1990sp. 283
Introductionp. 283
'Old' and 'new' theoretical questionsp. 286
A non-orthodox account of the Latin American industrialization processp. 288
Industrial strategy and public policy in the 1990sp. 296
Discussionp. 303
Indexp. 313
Table of Contents provided by Syndetics. All Rights Reserved.

ISBN: 9780792399865
ISBN-10: 0792399862
Series: Ettore Majorana International Science Series
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 336
Published: December 2009
Publisher: Springer
Country of Publication: NL
Dimensions (cm): 23.5 x 15.5  x 2.54
Weight (kg): 1.51