02247cam a22002892 b45000010008000000030008000080050017000160060019000330070015000520080041000670200018001080200067001260240018001930350026002110370013002370400037002500820026002871000025003132100050003382450095003882600055004834400033005385060043005715201231006145210060018457730052019057695438BD-DhUL20150203075250.0m d cr n 950506e19950907ncua s|||||||| 2|eng|d a9780198290155 a0198290152 (UKTrade Paper)cUSD 74.00 Retail Price (Publisher)3 a9780198290155 a(WaSeSS)ssj0000088536 b00020142 aBIP USdWaSeSSdBD-DhULcBD-DhUL00a331.12091724220bWON1 aWood, AdrianeAuthor10aNorth-South Trade, Employment, and Inequality10aNorth-South Trade, Employment, and Inequality :bChanging Fortunes in a Skill-Driven World aNew York : bOxford University Press, cSept. 1995 0aIDS Development Studies Ser. aLicense restrictions may limit access.8 aAnnotationbDrawing on three fields of economics (international, labour, and development), this study shows that expansion of North-South trade in manufactures has had a far greater impact on labour markets than earlier work suggested. In the South, unskilled workers have benefited most from this trade,but in the North, the gains have been concentrated on skilled labour, while unskilled workers have suffered falling wages and rising unemployment. This decline in the economic position of unskilled workers has increased inequality, and aggravated crime and other forms of social erosion, on bothsides of the Atlantic.The failure of Northern governments to recognize that trade with the South has these adverse side-effects, and to take appropriate counter-measures, has fuelled the rise of protectionism - the worst possible response, which slows economic progress in both regions. The best solution for the longerterm in the North is more investment in education, to raise the supply of skilled labour. However, the benefits of this investment will emerge slowly. During the next one or two decades, Professor Wood argues, other measures are also urgently needed to boost the demand for, and incomes of,unskilled workers. aCollege AudiencebOxford University Press, Incorporated 0tOxford Scholarship Online Economics and Finance