Staff View: Globalization of Labor Markets and the Growth Prospects of Nations

Globalization of Labor Markets and the Growth Prospects of Nations

The many and varied crises in the world economy since 2007 seem to have different origins and diverse manifestations. This paper contends that there is however a structural shift beneath the global economy that is now reaching a critical mass, and...

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Bibliographic Details
Main Author:	Basu, Kaushik
Language:	English en_US
Published:	World Bank, Washington, DC 2016
Subjects:	ROBOTS TECHNOLOGY SECTOR EMPLOYMENT RISKS LABOR MARKET POLICY RIGHTS FOREIGN CAPITAL RED TAPE SKILLED WORKERS BARRIER GLOBAL MARKETS INFORMATION TECHNOLOGY INCOME INTEREST PRIVATIZATION DEBT CRISIS EMERGING ECONOMIES EXCHANGE INFORMATION LABOR FORCE DEVELOPING COUNTRIES POLITICAL ECONOMY DEVELOPING ECONOMIES INTERNATIONAL LABOUR ORGANIZATION TECHNOLOGICAL CHANGES PROFIT SHARING MICRO‐COMPUTERS WORLD DEVELOPMENT INDICATORS OUTPUT RATIO EFFECTS BONDS INCENTIVES SYSTEM SAN PRICE TAX LABOR FORCE PARTICIPATION SUSTAINABLE DEVELOPMENT SAVING NEW TECHNOLOGY EMERGING MARKET ECONOMIES DRIVERS COMPUTER APARTHEID NEW TECHNOLOGIES FEMALE LABOR FORCE LABOR MARKET FISCAL POLICIES SAVINGS DIGITAL GLOBAL ECONOMY DEVELOPMENT ECONOMICS PROFIT‐SHARING COMPUTERS ECONOMIC CRISES LABOR STANDARDS ADVANCED ECONOMIES TECHNOLOGICAL ADVANCES MINI‐COMPUTERS DEMOCRACY PRODUCTIVITY INTEREST RATES GLOBALIZATION EMERGING MARKET SELF‐EMPLOYED MARKETS DEBT ORGANIZATIONS AUTOMATION CONNECTIVITY TECHNOLOGICAL INNOVATIONS DIGITAL TECHNOLOGIES ECONOMIC REFORMS STANDARDS LABOR DIVIDENDS LIBERALIZATION EFFICIENCY MARKET ECONOMIES DIGITAL DIVIDE FEMALE LABOR PROFIT MOTIVE INDUSTRIAL ROBOTS UNEMPLOYMENT TECHNOLOGY DEREGULATION SOVEREIGN DEBT HUMAN CAPITAL TECHNOLOGICAL CHANGE WAGES POLICIES GLOBAL MARKET VOLATILITY SKILLED LABOR BASIC LABOR DEMAND TURNOVER FUTURE VALUE MOBILE PHONE FOREIGN DIRECT INVESTMENT WORLD ECONOMY DIVIDEND INCOMES LABOR RELATIONS MACROECONOMIC EFFECTS SHARES LABOR MARKETS ECONOMIC THEORY COLLECTIVE BARGAINING ECONOMICS OUTPUT INTERNET SHAREHOLDERS COMMODITY PRICES TRADE INTERESTS THEORY EMERGING ECONOMY GROWTH RATE ENGINEERING INVESTMENT SHARE CRISES LABORERS BARGAINING INNOVATION LAW PROFIT INTERNATIONAL LAW IT CHILD LABOR SHAREHOLDER RAPID GROWTH AT COLLECTIVE ACTION DEMOGRAPHIC CUSTOMERS LABOUR TECHNOLOGIES COMMODITY OUTSOURCING GLOBAL ECONOMIC PROSPECTS PRICES INNOVATIONS COMPETITION
Online Access:	http://documents.worldbank.org/curated/en/2016/03/26009196/globalization-labor-markets-growth-prospects-nations http://hdl.handle.net/10986/23929

Globalization of Labor Markets and the Growth Prospects of Nations

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