Trade and Jobs in Europe: Much Ado About Nothing?

Hardcover | April 30, 1999

EditorMathias Dewatripont, Andre Sapir, Khalid Sekkat

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In the last 25 years, Europe has experienced a reduction in growth and an explosion in unemployment. At a time when this and the continuing existence of the welfare state are top of the European agenda, it has become increasingly popular to blame the globalization of the world economy forcurrent problems. This book provides the first comprehensive set of studies on the impact of trade with developing countries on the European labour market. It argues that the evidence does not point to trade with developing countries as a major cause of European unemployment. Instead, technological change anddomestic policy choices are the main causal factors. As a result, the contributors argue against protectionist trade polices, whose benefits to employment would be limited at best, but whose risk to world growth due to trade wars is immense. The next ten years are a critical period for European integration and expansion: Trade and Jobs in Europe will be of crucial importance to all those at the heart of the current debate: advisers, policy-makers, and researchers alike.

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In the last 25 years, Europe has experienced a reduction in growth and an explosion in unemployment. At a time when this and the continuing existence of the welfare state are top of the European agenda, it has become increasingly popular to blame the globalization of the world economy forcurrent problems. This book provides the firs...

Mathias Dewatripont and Khalid Sekkat are both Professors of Economics at the Universite Libre de Bruxelles.

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Format:HardcoverPublished:April 30, 1999Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0198293607

ISBN - 13:9780198293606

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Table of Contents

1. M. Dewatripoint, A. Sapir, and K. Sekkat: Introduction2. R. Freeman and A. Revenga: How Much has LDC Trade Affected Western Job Markets3. D. Neven and C. Wyplosz: Relative Prices, Trade and Restructuring in the European Industry4. M. Dewatripoint, A. Sapir, and K. Sekkat: Labour Market Effects of Trade with LDCs in Europe5. P. Krugman: Growing World Trade: Causes and Consequences6. A. Smith: The Market Labour Effects of International Trade: A Computable General Equilibrium Model7. O. Cortes, S. Jean, and J. Pisani-Ferry: Trade with Emerging Countries and the Labour Market: The French Case8. J. Haisken-De New, and K. Zimmerman: Wage and Mobility Effects of Trade and Migration9. P. Bairoch: A Brief History of the Social Clause in Trade Policy10. A. Sapir: The Impact of Globalization on Employment in Europe