Proliferation of Globalization and its Impact on Labor Markets in Advanced Industrial Nations and Developing Nations.

Rashid, Muhammad Mustafa (2018): Proliferation of Globalization and its Impact on Labor Markets in Advanced Industrial Nations and Developing Nations.

Abstract

The purpose of this paper is to provide insights into how the proliferation of globalization has impacted labor markets both in advanced industrialized nations and well as developing nations. Insightful analysis will be drawn from Oatley (2011) on division of labor, Jaumotte and Tytell (2007) on labor compensation, Hahn and Narjoko (2013) on the impact on South Asian Countries, Basu (2016) on wage as a share of GDP and Wallace, Gauchat and Fullerton (2011) on the impact of globalization and labor markets on inequality.

• Item Type: MPRA Paper
• Language: English
• Keywords: Globalization, Labor Markets
• Subjects: F - International Economics > F6 - Economic Impacts of Globalization; F - International Economics > F6 - Economic Impacts of Globalization > F66 - Labor; J - Labor and Demographic Economics > J0 - General; J - Labor and Demographic Economics > J3 - Wages, Compensation, and Labor Costs; J - Labor and Demographic Economics > J4 - Particular Labor Markets

References

Basu, K. (2016). Globalization of labor markets and the growth prospects of nations. Journal of Policy Modeling, 656-669.

Hahn, C. H., & Narjoko, D. A. (2013, March). www.eria.org. Retrieved from Economic Reserach Institute for ASEAN and East Asia: http://www.eria.org/

Jaumotte, F., & Tytell, I. (2007, December 1). www.imf.org. Retrieved from IMF: https://www.imf.org/en/Publications/WP/Issues/2016/12/31/How-Has-The-Globalization-of-Labor-Affected-the-Labor-Income-Share-in-Advanced-Countries-21520

Oatley, T. (2011). International Policital Economy: Interests and Institutions in the Global Economy, Third Edition. Pearson Education, Inc.

Wallace, M., Gauchat, G., & Fullerton, A. S. (2011). Globalization, labor market transformation, and metropolitan earnings inequality. Social Science Research, 15-36.