A01=Ann E Harrison
A01=Keith E Maskus
Author_Ann E Harrison
Author_Keith E Maskus
Category=KCL
Credit Constraints
Employment
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Foreign Direct Investment
Globalization
Industrial Policy
Innovation
Labour Markets
Labour Rights Activism
Offshoring
Trade Reform
Wages
Product details
- ISBN 9789811239465
- Publication Date: 20 Jul 2022
- Publisher: World Scientific Publishing Co Pte Ltd
- Publication City/Country: SG
- Product Form: Hardback
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How has globalization through trade and foreign investment affected labour markets, wages, profits, and inequality? This fundamentally important question is addressed deeply in this volume, with methods ranging from microeconomic theory to econometric studies using detailed firm-level and household data. The primary objective of the volume, a compendium of important research performed by Ann Harrison and co-authors, is to study and understand whether and how workers, in both the United States and major developing and emerging countries, have fared in the recent era of massive globalization. There are plenty of anecdotes about such questions, but this volume develops testable hypotheses, collects essential data, and uses frontier techniques to provide the best and most systematic evidence available. Chapters range widely over standard and current trade theories, frontier thinking about the nature and effects of multinational enterprises and offshoring, and the critical roles of credit markets, international innovation and technology diffusion in driving employment, wage changes, and inequality. The volume also covers critical institutional matters, such as how globalization influences activism in securing labour rights. The analysis in the book is essential for understanding the complex and deep relationships among trade liberalization, foreign direct investment, technical change, and the fortunes of workers in increasingly globalized markets.
