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- W630673024 abstract "In Europe, particularly in Germany, France, Portugal, Spain, Sweden and UK, the deteriorating position of the unskilled workers has been reflected in rising unemployment among them. Similar is the story in many parts of Asia and Latin America. Referring back to Table 2.11, in Chile, Colombia, Philippines, Spain, Turkey and India, unemployment increased substantially during their respective liberalization episodes. In India, the burden of such trade-induced adjustments is borne mostly by those engaged in agriculture, mining and processed primary manufacturing. There has also been quite a sharp fall in employment in skill-intensive manufacturing sector both in India and China. Part of the reason for such displacement of labour, as is often argued, is the inflexible labour markets where money wages often cannot be adjusted downward to allow the industry to adjust its labour costs to trade-induced shocks." @default.
- W630673024 created "2016-06-24" @default.
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- W630673024 date "2003-01-01" @default.
- W630673024 modified "2023-10-16" @default.
- W630673024 title "Liberalization and Employment in the Organized Sector" @default.
- W630673024 doi "https://doi.org/10.1007/978-3-642-57422-1_6" @default.
- W630673024 hasPublicationYear "2003" @default.
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