Does Globalization Lower Wages and Export Jobs?

Increased globalization - the international integration of markets for goods, technology, labor, and capital - has coincided in the past 20 years with a shift in demand from less-skilled workers to those with more skills. Have imports from developing countries been responsible for the lowered wages...

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Bibliographic Details
Main Author: Slaughter, Matthew
Other Authors: Swagel, Phillip
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1997
Series:Economic Issues
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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651 4 |a United States 
653 |a Labour 
653 |a Income distribution 
653 |a Wages, Compensation, and Labor Costs: General 
653 |a Labor markets 
653 |a Trade: General 
653 |a Exports and Imports 
653 |a Aggregate Factor Income Distribution 
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653 |a National accounts 
653 |a Labor 
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520 |a Increased globalization - the international integration of markets for goods, technology, labor, and capital - has coincided in the past 20 years with a shift in demand from less-skilled workers to those with more skills. Have imports from developing countries been responsible for the lowered wages of the unskilled, increased unemployment, and widened income inequality in the more advanced countries? This paper finds that a more important influence on labor markets during these years has been a technology-driven shift in labor demand