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ISBN: 044451130XИздательство: JAI Press
Год издания: 2003
Book DescriptionProponents of free trade routinely argue that an important benefit for developing countries is that it provides significant economic opportunities for their asset-less workers. By now, virtually all developing countries, have moved towards integrating themselves more closely with the international economy. To what extent have workers actually benefited from this integration? The Impact of Trade on Labor attempts to piece together broad-based evidence on the effects of trade liberalizationon labor markets in developing countries in general, and selected countries from developing Asia in particular. The analysis of the available evidence takes into account the recent theoretical advances in this area. The volume consists of nine substantive chapters separated into two parts. A main contribution of the first part is to use a blend of both theory and empirics to point out that the impact of trade liberalization on labor markets, including adjustment costs,...