Globalization and workers in developing countries

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Globalization and workers in developing countries, Volume 1

Author:	Rama, Martin;	Collection Title:	Policy, Research working papers series ; no. WPS 2958
Date Stored:	2003/02/07	Document Date:	2003/01/31
Document Type:	Policy Research Working Paper	Language:	English
Report Number:	WPS2958	Sub Sectors:	General industry and trade sector
SubTopics:	Environmental Economics & Policies; Economic Theory & Research; Banks & Banking Reform; Free Trade; Health Monitoring & Evaluation; Labor Policies; Public Health Promotion	Volume No:	1

Summary: Stories on the positive and negative effects of globalization on workers in developing countries abound. But a comprehensive picture is missing and many of the stories are ideologically charged. This paper reviews the academic literature on the subject, including several studies currently under way, and derives the implications for public policy. First, it deals with the effects of openness to trade, foreign direct investment, and financial crises on average wages. Second, it discusses the impact of exposure to world markets on the dispersion of wages by occupation, skill, and gender. Third, it describes the pattern of job destruction and job creation associated with globalization. Because these two processes are not synchronized, the fourth issue addressed is the impact on unemployment rates. Fifth, the paper reviews the labor market policies that can be used to offset the adverse effects of globalization on employment and labor earnings. Finally, it discusses how the international community could encourage developing countries to adopt sound labor market policies in the context of globalization.


Official Documents Official, scanned versions of documents (may include signatures, etc.)
File Type		Description	File Size (mb)

	PDF 44 pages	Official version*	3.08 (approx.)
	Text	Text version**


Light-Weight Documents Lighter (less MB) documents which may or may not be the final, official version
File Type		Description	File Size (mb)

	PDF 40 pages	WPS2958	0.15

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