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Models of Unemployment in Trade and Economic Development - Bharat R. Hazari

Models of Unemployment in Trade and Economic Development

Hardcover

Published: 27th August 1992
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The impact of increased levels of international trade on domestic labor markets is a central issue for policy makers in both developed and less developed countries. "Models of Unemployment in Trade and Economic Development" considers the most significant current issues in this area within the context of models which examine the relationship between trade and unemployment.
Divided into three sections, the book first examines unemployment, decay and "Dutch Disease." Later sections address structural adjustment, urban unemployment, protectionism, and various models of unemployment. The authors offer persuasive arguments that include the following: minimum wages cause decay rather than growth; disaggregation of non-traded goods between urban and rural regions is of critical importance in structural adjustment, protectionism, and the real exchange rate.
Hazari and Sgro also use segmented labor market theory to illuminate urban and disguised unemployment. They emphasize the importance of agricultural policies for rural development and provide a lucid introduction to the impact of technology transfers on employment in both donor and recipient countries.

Acknowledgementsp. ix
Forewordp. xi
Uniform Real Minimum Wage Rates, Unemployment, Decay and Dutch Diseasep. 1
A Two-Sector Model of a Closed Economyp. 3
Uniform Real Minimum Wage Rate, Unemployment, Growth and Decayp. 26
Booming Sector and the Dutch Disease with Unemploymentp. 38
Generalized Harris-Todaro Model, Structural Adjustment and Unemploymentp. 53
Urban-Rural Structural Adjustment, Urban Unemployment with Traded and Non-Traded Goodsp. 55
Protectionism and Industrialization in a Harris-Todaro Model with Non-Traded Goodsp. 74
Tariffs, Terms of Trade, Unemployment and the Real Exchange Ratep. 83
Further Variations on Models of Unemploymentp. 99
Disguised Urban Unemployment and Welfare in a General Equilibrium Model with Segmented Labour Marketsp. 101
Transfers, Structural Change, Welfare and Unemployment in a North-South Frameworkp. 119
Notes on Industrialization and Unemployment with Increasing Returns to Scale and Minimum Wagesp. 135
Indexp. 149
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780415022774
ISBN-10: 0415022770
Audience: Tertiary; University or College
Format: Hardcover
Language: English
Number Of Pages: 176
Published: 27th August 1992
Publisher: Taylor & Francis Ltd
Country of Publication: GB
Dimensions (cm): 21.6 x 14.0  x 1.42
Weight (kg): 0.45
Edition Number: 1