Models of Unemployment in Trade and Economic Development: 1st Edition (Hardback) book cover

Models of Unemployment in Trade and Economic Development

1st Edition

By Bharat Hazari, Pasquale Sgro

Routledge

176 pages

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Hardback: 9780415022774
pub: 1992-08-27
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pub: 2005-07-27
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Description

The impact of increased levels of international trade on domestic labour markets is a key issue for policy makers in both developed and less developed countries. This book considers the most important current issues in this area in the context of models which examine the relationship between trade and employment.

It is divided into three parts. The first deals with unemployment, decay and the `Dutch Disease': the second with structural adjustment, urban unemployment and protectionism; the last offers some variations on models of unemployment. In parts one and two the important insights are that minimum wages may cause decay rather than growth and that disaggregation of non-traded goods between urban and rural regions is of critical importance in structural adjustment, protectionism and the real exchange rate. In part three, segmented labour market theory is used to explain urban and disguised unemployment and the importance of proper agricultural policies for rural development is emphasised. Finally the impact of technology transfers on employment in both donor and recipient countries is explored.

Reviews

`… a valuable book for researchers in formal trade and development issues.' - The Economic Journal

Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS069000
BUSINESS & ECONOMICS / Economics / General