This publication identifies the requirements for successful reallocation of labor and capital to more efficient uses in response to the emergence of new sources of competition, technological change and shifting consumer preferences. At the same time, it focuses on limiting adjustment costs for...

Trade and Structural Adjustment: Embracing Globalisation identifies the requirements for successful reallocation of labour and capital to more efficient uses in response to the emergence of new sources of competition, technological change and shifting consumer preferences. At the same time, it...

The study examines the effects of trade liberalization on employment and the labour market in Mexico's manufacturing industry. The analysis places special emphasis on assessing the extent to which the industry's distinct trade performance is accompanied by an improvement in labour conditions...