This paper empirically assesses the long-run influences of international trade and investment on unemployment using a balanced panel dataset of 16 high-income countries for the period of 1996-2011. To this end, along with the domestic factors affecting employment, we also include net export,...

The paper has made a modest attempt to analyze the effects of liberalized trade and investment policies on welfare and open unemployment in a developing economy in terms of a three sector Harris-Todaro (1970) type general equilibrium model. Following empirical evidence it is assumed that there...