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Miracle for Whom? : Chilean Workers Under Free Trade - Janine Berg

Miracle for Whom?

Chilean Workers Under Free Trade

Hardcover

Published: 8th December 2005
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How does free trade affect workers in developing countries? Economic theory tells us that developing country firms will respond to free trade by shifting production towards the abundant pool of low-skilled labor. Yet since Chile's economic opening in 1974, income inequality has increased, calling into question the benefits of free trade for low-skilled workers. Through in-depth case studies of two Chilean industries, Berg explores this conundrum, considering influences such as the changing strategies of multinational firms, increased competition, technological change, and labor relations. Berg argues that heightened international competition has forced Chilean firms to drop their prices to retain market share, lowering profits. To compensate for the drop in profits, Chilean firms have instituted numerical and wage flexibility policies available to them as a result of the weak institutional environment that has existed in the country since the military coup of September 1973. The suppression of wages has been directed at low-skilled workers, who are poorly organized and easily replaceable. "" "Miracle for Whom?" offers a fresh and insightful perspective to the debate on rising income inequality in Chile, and on the broader question of how free trade affects the demand for workers in developing countries.

List of Tablesp. vii
List of Figuresp. ix
Prefacep. xi
Introductionp. 1
Why has Inequality Increased Under Globalization?p. 11
Working in Chile: Reform, Repression and Flexibility since 1973p. 27
Foreign Competition, Corporate Strategies and Wage Suppression in the Cosmetics Industryp. 61
When Moving Up the Value Chain Isn't Enough: Temporary Labor in Chile's Agroindustryp. 101
Rent-Hoarding in an Open Economy: The Effects of Free Trade on Low-Skilled Chilean Workersp. 133
Conclusionp. 157
Notesp. 163
Bibliographyp. 177
Indexp. 185
Table of Contents provided by Ingram. All Rights Reserved.

ISBN: 9780415976336
ISBN-10: 0415976332
Series: New Political Economy
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 190
Published: 8th December 2005
Publisher: Taylor & Francis Ltd
Country of Publication: GB
Dimensions (cm): 22.9 x 15.2  x 1.73
Weight (kg): 0.4
Edition Number: 1