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Trade and Employment in Asia,9780415635653
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Trade and Employment in Asia

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This is the 1st edition with a publication date of 8/6/2013.
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The volume investigates the links between employment, trade, and structural transformation. Global rebalancing will be accompanied by inevitable changes in trade patterns between Asia and the rest of the world. More specifically, the chapters of the volume analyzes the links between openness to trade and historical trends on employment and its quality, where quality will refer to and capture a number of employment characteristics such as wage rate, job security, working conditions and other non-wage benefits. In addition, given that Asian economies rely heavily on exports as a driver of their impressive growth, the volume examines how this openness to trade has led to specialization and evolving demands on various types of labor. This is elaborated through Asian country studies, documenting the experiences of those primarily reliant on manufacturing as well as those turning towards the service sector to drive employment growth. The rapidly changing contours of labor markets in Asian developing countries in this era of globalization in conjunction with the new results the theoretical literature constantly keeps throwing up has resulted in the need for extensive research in trade and labor that is quite broad in country coverage. There is a real need for analytical and econometric country case studies. The global financial crisis that started in 2008 has changed the context in which this relationship between trade and labor needs to be evaluated. The volume helps fill the gap in this literature.

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