The rapid rise of China on the global economic stage could have substantial and unequal employment and wage effects in … advanced industrialised democracies given China's large volume of low-wage labour. Thus far, these effects have not been … a new channel, increased competition from China in 59 foreign export markets, which positively affects the high …

Fears of job losses and of increasing inequality loom large in current debates on how globalization is affecting our … economies. By fundamentally changing the organization of production and work, globalization creates complex and changing … patterns of winners and losers. Globalization thus creates powerful challenges to welfare states and may increase the demand …