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. Countries with national wage coordination can thus stabilize overall employment against fluctuations and shocks in the world … exposure from China experienced a marked fall in employment, while countries with wage-coordination experienced no such … employment effects. We test our main mechanism against other explanations, and show that our findings are robust to alternative …
Persistent link: https://www.econbiz.de/10012221759
This study analyzes the effects of increased trade with China and Eastern Europe on manufacturing employment in 1 … the causal effects of an increase in import and export exposure on regional manufacturing employment, thereby, explicitly …-country study highlights the pronounced heterogeneity of the estimated effects of trade exposure on manufacturing employment across …
Persistent link: https://www.econbiz.de/10011744350
Over the next generation, Sub-Saharan Africa faces three big, inter-related challenges. Its population will double to 2 billion by 2045. By then, more than half of Africans will be living in cities. And this group of mostly young people will be connected with each other and the world through...
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World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time (intensive margin). But trade may also increase if a trading bilateral relationship is newly established between countries that have not traded with each other in the past...
Persistent link: https://www.econbiz.de/10011450770
This article analyses the phenomenon of rising powers from a historical materialist perspective. It (1) elaborates the key concepts of historical structures of world order, state–society complexes and transnational class formation, and (2) applies them to Brazil, Russia, India, China and other...
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