Jobs and Incomes in a Globalizing World

Contents: 1. Introduction. 2. Globalization: characteristics, issues and concerns. 3. Trade and global income inequality. 4. Trade, jobs and wages. 5. Trade and international migration. 6. Trade and labour standards. 7. Conclusions. Index.

"The consequences of globalization, particularly for employment, wages and incomes, arouse widespread concern. This book investigates the basis for these anxieties by analysing the effects of the growing two-way trade in manufactures between north and south -- the core of globalization. Its conclusions set fresh parameters for the globalization debate.

Presenting results of new research, the author shows that, contrary to popular perceptions, global income inequality is actually declining, south-north migration is falling, and job opportunities and wages are rising in a significant number of developing countries. Moreover, the author finds no evidence of falling labour standards in integrating economies, nor that globalization can be blamed for the labour market disadvantages of low-skilled labour in industrialized countries."