We investigate the claim that national labor markets have become more globally interconnected in recent decades. We do so by deriving estimates over time of three different notions of interconnection: (i) the share of labor demand that is export induced (i.e., all labor demand created by foreign...

This paper argues that the single most important factor that explains East Asia's development success was its fast structural transformation toward industrialization, manufacturing in particular. Workers moved out of agriculture into manufacturing, and the sector diversified and upgraded its...

The world economy has undergone at least three waves of globalization; currently the fourth wave is on-going, sweeping away old certainties are being overturned. The Philippines, which has hitherto been reaping the growth dividend from the third wave of globalization owing to a functioning...

The world economy has undergone at least three waves of globalization; currently the fourth wave is on-going, sweeping away old certainties are being overturned. The Philippines, which has hitherto been reaping the growth dividend from the third wave of globalization owing to a functioning...