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World Employment, 1995. An ILO Report [microform]
Bib ID 5593893
Format BookBook, MicroformMicroform, OnlineOnline
International Labour Office, Geneva (Switzerland)
Online Versions
Description [Washington, D.C.] : Distributed by ERIC Clearinghouse, 1995 
209 p. 
ISBN 9789221094487
ISSN 1020-3079 

The impact of globalization of the world economy on employment throughout the world was examined by determining the causes and effects of the reduction in economic growth that has occurred in most developed and developing countries since 1973. The following were among the factors considered: international inequality; new technologies; effects of globalization on labor demand and labor standards; and policy responses to globalization (trade and industrialization; foreign direct investment, adjustment measures, labor market regulation). The effects of reduced economic growth on a given country's employment patterns/levels were found to depend on that country's way of responding to inadequate growth. The view that labor market rigidity is the main cause of poor employment performance was refuted. It was concluded that, although globalization generates real employment problems (unemployment, declining relative wages, and reduced job prospects), its potential benefits far outweigh its costs. The optimal strategy for encouraging economic development in a global economy was said to be to reap the considerable gains of continued globalization in terms of higher output and efficiency while developing appropriate national and international policies to deal with the social problems engendered by globalization. Contains 42 tables/figures and 216 endnotes.) (MN)


Availability: ILO Publications, International Labour Office, CH-1211 Geneva 22, Switzerland (25 Swiss francs).

May also be available online. Address as at 14/8/18:

Reproduction Microfiche. [Washington D.C.]: ERIC Clearinghouse microfiches : positive. 
Subjects Comparative Analysis.  |  Developed Nations.  |  Developing Nations.  |  Economic Change.  |  Economic Development.  |  Economic Impact.  |  Employment Patterns.  |  Global Approach.  |  International Cooperation.  |  Labor Force.  |  Labor Force Development.  |  Labor Market.  |  Poverty.  |  Public Policy.  |  Social Change.  |  Tables (Data)  |  Trend Analysis.  |  Unemployment.  |  Global Economy
Form/genre Reports, Research.
Other authors/contributors International Labour Office, Geneva (Switzerland)
Available From ERIC 


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