The Impact of Globalization on Employment in Europe
This chapter examines the effects of globalisation on the demand for low-skilled workers in Europe and the United States. Although there is little evidence that globalisation is the main cause of the unemployment of low-skilled workers in Europe, it may play a greater role in the future if structural adjustments are slow. There is also a lack of evidence that the growth of exports from developing countries is due to low labour standards. It is argued that domestic reforms are the key to solving Europe’s labour problems.
Keywords: globalisation, low-skilled workers, labour demand, international trade, Europe, United States, labour market
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