Abstract
Globalization has transformed labor markets with mixed results. In the more developed countries (MDCs), a ‘risk regime’ has replaced the economic security afforded by mass production, collective bargaining and full-employment macroeconomic policy. As some workers celebrate opportunities created by the dynamic new world, others bemoan the insecurity resulting from flexible labor markets: unemployment, temporary jobs, and an expanding informal economy (Beck 2000). Bhagwati’s optimism about the positive impact of trade on real wages of the unskilled may perhaps resonate with some workers in the United States (US) (2004, p. 126). But American service workers displaced in 2001–03 may only remember that a large percentage of them had not found employment by January 2004 or were re-employed at much lower pay, even with full-time positions (Jensen and Kletzer 2005).
We thank Chun Shing Wong for valuable assistance in the research phase of this project.
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Aslanbeigui, N., Summerfield, G. (2006). Globalization, Labor Markets and Gender: Human Security Challenges from Cross-Border Sourcing in Services. In: Ghosh, B.N., Guven, H.M. (eds) Globalization and the Third World. Palgrave Macmillan, London. https://doi.org/10.1057/9780230502567_6
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