International Trade, Wage Inequality and the Developing Economy

A General Equilibrium Approach

Business & Finance, Career Planning & Job Hunting, Labor, Economics, International Economics
Cover of the book International Trade, Wage Inequality and the Developing Economy by Sugata Marjit, Rajat Acharyya, Physica-Verlag HD
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Author: Sugata Marjit, Rajat Acharyya ISBN: 9783642574221
Publisher: Physica-Verlag HD Publication: December 6, 2012
Imprint: Physica Language: English
Author: Sugata Marjit, Rajat Acharyya
ISBN: 9783642574221
Publisher: Physica-Verlag HD
Publication: December 6, 2012
Imprint: Physica
Language: English

This book deals with the impact that international trade is likely to have on the skilled-unskilled wage gap in a typical developing economy. This is the first theoretical monograph on this particular issue which has already generated substantial debate and voluminous work for the developed countries. A unique feature of this work is that it tries to explain the possibility of rising inequality across trading nations and looks at the segmented labour markets of the poor economies. It makes convincing arguments that the standard general equilibrium models, the main workhorse of trade theory, can be given a creative facelift to address a number of critical and emerging issues in the area of trade and development.

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This book deals with the impact that international trade is likely to have on the skilled-unskilled wage gap in a typical developing economy. This is the first theoretical monograph on this particular issue which has already generated substantial debate and voluminous work for the developed countries. A unique feature of this work is that it tries to explain the possibility of rising inequality across trading nations and looks at the segmented labour markets of the poor economies. It makes convincing arguments that the standard general equilibrium models, the main workhorse of trade theory, can be given a creative facelift to address a number of critical and emerging issues in the area of trade and development.

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