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Based on the findings of ILO-sponsored studies of employment impacts in Brazil, Egypt, India, Liberia, South Africa, Uganda and Ukraine during the global crisis, this book analyses how cross-border trade has acted as a transmission channel, spreading the crisis to developing and emerging economies. Key topics covered include the role of export concentration in increasing labour markets’ vulnerability to trade shocks, the effects of global price volatility on household and company investment decisions, the impact of the global slowdown on workers’ and governments’ bargaining power and the impact of negative trade shocks on gender inequality.
The book reviews the suitability of the different policy instruments that countries have applied during the crisis. The authors conclude that in countries where effective policy instruments were in place before the crisis, these acted as an automatic buffer that could be easily scaled up.
ISBN - 9789221233343
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Pages : 174
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