02298cam a22003132 b4500 7695438 BD-DhUL 20150203075250.0 m d cr n 950506e19950907ncua s|||||||| 2|eng|d 9780198290155 0198290152 (UKTrade Paper) USD 74.00 Retail Price (Publisher) 9780198290155 (WaSeSS)ssj0000088536 00020142 BIP US WaSeSS BD-DhUL BD-DhUL 331.12091724 20 WON Wood, Adrian Author North-South Trade, Employment, and Inequality North-South Trade, Employment, and Inequality : Changing Fortunes in a Skill-Driven World New York : Oxford University Press, Sept. 1995 IDS Development Studies Ser. License restrictions may limit access. Annotation Drawing 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. College Audience Oxford University Press, Incorporated Oxford Scholarship Online Economics and Finance ddc BK 2775 2775 0 0 ddc 0 331_120917240000000_WON 0 NFIC 5263 DUSL DUSL GEN 1996-11-03 Purchase 331.12091724 WON 359965 2014-08-14 1 2014-08-14 BK