TITLE

GLOBALISATION AND THE RISE IN LABOUR MARKET INEQUALITIES

AUTHOR(S)
Wood, Adrian
PUB. DATE
September 1998
SOURCE
Economic Journal;Sep98, Vol. 108 Issue 450, p1463
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses the contribution of globalization to the increase in labor market inequalities in several developing countries. The author provides historical perspective, outlines the theory, and reviews the empirical evidence and implications for policy. Plenty of evidence suggest that skill-biased technical change has raised the relative demand for skilled workers, but much less evidence of an autonomous acceleration in its pace. There is broad agreement between economists who attribute the recent rise in labor market inequalities mainly to globalization and those who attribute it mainly to new technology.
ACCESSION #
1171590

 

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