The Asian Recession and Northern Labour Markets.

As debt work-outs facilitate recovery from Asia'a recession, GDP there can be expected to rise and manufactured exports to expand. Asian imports and investment will remain low, however, as crisis-enhanced foreign debt is serviced and domestic savings continue to be sent abroad. Superficially, the surge in labour intensive manufactured exports and the associated real appreciation in the north could see northern workers disadvantaged.

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Year of publication:	1999-06
Authors:	Yang, Y. ; Tyers, R.
Institutions:	College of Business and Economics, Australian National University
Subject:	UNEMPLOYMENT \| WAGES \| TRADE \| RECESSION

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Extent:	application/pdf
Series:	ANU Working Papers in Economics and Econometrics.
Type of publication:	Book / Working Paper
Notes:	29 pages
Classification:	J64 - Unemployment: Models, Duration, Incidence, and Job Search ; J31 - Wage Level and Structure; Wage Differentials by Skill, Training, Occupation, etc ; E00 - Macroeconomics and Monetary Economics. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005734291