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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 … reflected in the wage rigidity in this sector, which leads to the simultaneous existence of open unemployment and an urban …
Persistent link: https://www.econbiz.de/10014084575
The paper has made an 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 type general equilibrium model. Following empirical … unemployment and an urban informal sector in the migration equilibrium. The paper deserves special attention for its interesting …
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The article analyzes Mexico under globalization, particularly on the free mobility of capital. It argues that globalization has detrimentally impacted the productive and external sectors, causing the economy to become excessively reliant on volatile capital inflows from abroad. The Mexican...
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