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International Trade and Labour Market Performance

Major Findings and Open Questions

  • Author: UNCTAD
  • Publication date: June 2003
  • Page count: 32
  • Language(s) in this book: English
  • Sales number: 02.II.D.10

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About the product

This paper summarizes the results of recent research into the effects of international trade on labor demand highlighting three areas, which may require further investigation. These areas being: the relationship between labor market variables and trade policy measures; the issue of trade and labor market outcomes from a consistent cross-country perspective, and finally, the role of labor market institutions and production internalization. The paper goes on to summarize some basic facts about world trends in trade integration, employment and wage inequality, in addition to providing the explanations of economists on the effect of international trade to employment and wage dynamics.