The Mechanics of Job Creation : Seizing the New Dividends of Globalization

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collection.link.5
https://openknowledge.worldbank.org/handle/10986/9
collection.name.5
Policy Research Working Papers
dc.contributor.author
Monga, Célestin
dc.date.accessioned
2014-02-04T19:22:42Z
dc.date.available
2014-02-04T19:22:42Z
dc.date.issued
2013-10
dc.date.lastModified
2021-04-23T14:03:32Z
dc.description.abstract
This paper assesses some of the main strands of the theoretical literature on unemployment and employment and shows that their interesting conclusions may not be transferable to low-income countries whose endowment and production structures are profoundly different from that of high-income economies. It then tackles the knowledge deficit on employment creation by shedding light on the new economic opportunities that latecomers may derive from the dynamics of globalization -- especially the economic success of large emerging economies such as China and Brazil. It offers a simple analytical framework for identifying opportunities for labor arbitrage in the global economy and suggests a practical policy framework for exploiting them.
en
dc.identifier
http://documents.worldbank.org/curated/en/2013/10/18409490/mechanics-job-creation-seizing-new-dividends-globalization
dc.identifier.uri
http://hdl.handle.net/10986/16877
dc.language
English
dc.language.iso
en_US
dc.publisher
World Bank, Washington, DC
dc.relation.ispartofseries
Policy Research Working Paper;No. 6661
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
ACTIVE LABOR
dc.subject
ACTIVE LABOR MARKET
dc.subject
ACTIVE LABOR MARKET POLICIES
dc.subject
ACTIVE LABOR MARKET PROGRAMS
dc.subject
ADJUSTMENT PROCESS
dc.subject
AGE GROUPS
dc.subject
AGGREGATE DEMAND
dc.subject
AGGREGATE UNEMPLOYMENT
dc.subject
AGRICULTURE
dc.subject
ARBITRAGE
dc.subject
AVERAGE COSTS
dc.subject
AVERAGE LABOR COMPENSATION
dc.subject
AVERAGE WAGE
dc.subject
BARGAINING INSTITUTIONS
dc.subject
CENTRAL BANKS
dc.subject
CLASSICAL ECONOMICS
dc.subject
CLASSICAL ECONOMISTS
dc.subject
COLLEGE GRADUATE
dc.subject
COLLEGE GRADUATES
dc.subject
COMPARATIVE ADVANTAGE
dc.subject
COMPARATIVE ANALYSIS
dc.subject
COMPETITIVE ADVANTAGE
dc.subject
COMPETITIVENESS
dc.subject
CONSUMERS
dc.subject
CREATING JOB
dc.subject
CREATIVE DESTRUCTION
dc.subject
CRISES
dc.subject
DEADWEIGHT
dc.subject
DEADWEIGHT LOSSES
dc.subject
DECENTRALIZATION
dc.subject
DEVALUATION
dc.subject
DEVELOPMENT ECONOMICS
dc.subject
DEVELOPMENT POLICY
dc.subject
DEVELOPMENT STRATEGIES
dc.subject
DEVELOPMENT STRATEGY
dc.subject
DIRECT JOB CREATION
dc.subject
DISADVANTAGED GROUPS
dc.subject
DISGUISED UNEMPLOYMENT
dc.subject
DIVIDENDS
dc.subject
DOWNWARD PRESSURE
dc.subject
ECONOMIC ANALYSIS
dc.subject
ECONOMIC BENEFITS
dc.subject
ECONOMIC GROWTH
dc.subject
ECONOMIC HISTORY
dc.subject
ECONOMIC INEFFICIENCY
dc.subject
ECONOMIC NEEDS
dc.subject
ECONOMIC PERFORMANCE
dc.subject
ECONOMIC PROGRESS
dc.subject
ECONOMIC RECOVERY
dc.subject
ECONOMIC RESEARCH
dc.subject
ECONOMIC SYSTEMS
dc.subject
ECONOMIC THEORIES
dc.subject
ECONOMIES OF SCALE
dc.subject
EFFICIENCY WAGE THEORIES
dc.subject
EMPLOYMENT GENERATION
dc.subject
EMPLOYMENT GROWTH
dc.subject
EMPLOYMENT OPPORTUNITIES
dc.subject
EMPLOYMENT OPPORTUNITY
dc.subject
EMPLOYMENT SERVICES
dc.subject
EMPLOYMENT SUBSIDIES
dc.subject
EXCESS DEMAND
dc.subject
EXOGENOUS VARIABLES
dc.subject
EXPECTED WAGES
dc.subject
EXPORT GROWTH
dc.subject
EXPORTS
dc.subject
EXTERNALITIES
dc.subject
FINANCIAL CRISIS
dc.subject
FINANCIAL SECTOR
dc.subject
FINDING EMPLOYMENT
dc.subject
FIRM ENTRY
dc.subject
FULL EMPLOYMENT
dc.subject
GDP
dc.subject
GDP PER CAPITA
dc.subject
GENERAL EQUILIBRIUM
dc.subject
GENERAL EQUILIBRIUM MODELS
dc.subject
GOVERNMENT REGULATIONS
dc.subject
HIGH UNEMPLOYMENT
dc.subject
HOUSEHOLD ENTERPRISE
dc.subject
HOUSEHOLD SURVEY
dc.subject
HUMAN CAPITAL
dc.subject
IMPERFECT INFORMATION
dc.subject
INCOME
dc.subject
INCREASING RETURNS
dc.subject
INDUSTRIAL ECONOMIES
dc.subject
INFLATION RATE
dc.subject
INFORMAL SECTOR
dc.subject
INNOVATION
dc.subject
INTEREST RATES
dc.subject
INTERNATIONAL MARKETS
dc.subject
INVOLUNTARY UNEMPLOYMENT
dc.subject
JOB CREATION
dc.subject
JOB DESTRUCTION
dc.subject
JOB MARKET
dc.subject
JOB SEARCH
dc.subject
JOB SEARCH ASSISTANCE
dc.subject
JOB SEEKERS
dc.subject
JOBS
dc.subject
LABOR COST
dc.subject
LABOR COSTS
dc.subject
LABOR FORCE
dc.subject
LABOR LAWS
dc.subject
LABOR MARKET
dc.subject
LABOR MARKET CONDITIONS
dc.subject
LABOR MARKET INSTITUTIONS
dc.subject
LABOR MARKET ISSUES
dc.subject
LABOR MARKET REFORMS
dc.subject
LABOR MARKET REGULATIONS
dc.subject
LABOR MARKETS
dc.subject
LABOR PRODUCTIVITY
dc.subject
LABOR SUPPLY
dc.subject
LABOUR
dc.subject
LAYOFFS
dc.subject
LDCS
dc.subject
LONG-TERM EMPLOYMENT
dc.subject
MACROECONOMIC ADJUSTMENT
dc.subject
MACROECONOMIC STABILITY
dc.subject
MANUFACTURING INDUSTRIES
dc.subject
MANUFACTURING WAGES
dc.subject
MARGINAL PRODUCT
dc.subject
MARGINAL PRODUCTIVITY
dc.subject
MARKET ECONOMIES
dc.subject
MARKET FAILURES
dc.subject
MONETARY POLICIES
dc.subject
MONETARY POLICY
dc.subject
MONOPOLY
dc.subject
MOTIVATION
dc.subject
MULTILATERAL TRADE
dc.subject
MULTIPLIER EFFECT
dc.subject
MULTIPLIER EFFECTS
dc.subject
NAIRU
dc.subject
NATIONAL ECONOMIES
dc.subject
NATIONAL INCOME
dc.subject
NATIONAL OUTPUT
dc.subject
NATURAL RATE HYPOTHESIS
dc.subject
NATURAL RATE OF UNEMPLOYMENT
dc.subject
NATURAL RESOURCES
dc.subject
NEW CLASSICAL ECONOMISTS
dc.subject
NOMINAL WAGES
dc.subject
OCCUPATION
dc.subject
OCCUPATIONAL MOBILITY
dc.subject
OLDER WORKERS
dc.subject
OUTPUTS
dc.subject
PASSIVE LABOR
dc.subject
PER CAPITA INCOME
dc.subject
PERSISTENT UNEMPLOYMENT
dc.subject
POSITIVE EXTERNALITIES
dc.subject
PREVIOUS SECTION
dc.subject
PRICE LEVELS
dc.subject
PRIVATE EMPLOYMENT
dc.subject
PRIVATE FIRMS
dc.subject
PRIVATE PARTNERSHIPS
dc.subject
PRIVATE SECTOR
dc.subject
PRIVATE SECTOR JOBS
dc.subject
PRODUCT MARKET
dc.subject
PRODUCT MARKETS
dc.subject
PRODUCTION COSTS
dc.subject
PRODUCTION FUNCTION
dc.subject
PRODUCTION FUNCTIONS
dc.subject
PRODUCTIVE ASSETS
dc.subject
PRODUCTIVITY INCREASES
dc.subject
PROTECTIONISM
dc.subject
PUBLIC EMPLOYMENT
dc.subject
PUBLIC SECTOR EMPLOYEES
dc.subject
PUBLIC SECTOR EMPLOYMENT
dc.subject
PUBLIC SECTOR JOBS
dc.subject
PUBLIC WORKS
dc.subject
PURCHASING POWER
dc.subject
RAPID INDUSTRIALIZATION
dc.subject
REAL INTEREST RATES
dc.subject
REAL WAGE
dc.subject
REAL WAGES
dc.subject
RENT SEEKING
dc.subject
RURAL YOUTH
dc.subject
SERVANTS
dc.subject
SKILLED LABOR
dc.subject
SKILLED WORKER
dc.subject
SKILLED WORKERS
dc.subject
SMALL BUSINESSES
dc.subject
SOCIAL INCLUSION
dc.subject
STATIC ANALYSIS
dc.subject
STRUCTURAL CHANGE
dc.subject
TAXATION
dc.subject
TELECOMMUNICATIONS
dc.subject
TEMPORARY JOBS
dc.subject
TOTAL OUTPUT
dc.subject
TRADE UNIONS
dc.subject
TRAINING PROGRAMS
dc.subject
TRANSITION ECONOMIES
dc.subject
UNEMPLOYED
dc.subject
UNEMPLOYED WORKERS
dc.subject
UNEMPLOYMENT
dc.subject
UNEMPLOYMENT COMPENSATION
dc.subject
UNEMPLOYMENT INSURANCE
dc.subject
UNEMPLOYMENT RATE
dc.subject
UNEMPLOYMENT RATES
dc.subject
UNEMPLOYMENT STATISTICS
dc.subject
URBAN WORKERS
dc.subject
VALUE ADDED
dc.subject
VALUE JUDGMENTS
dc.subject
WAGE BARGAINING
dc.subject
WAGE BILL
dc.subject
WAGE DETERMINATION
dc.subject
WAGE EMPLOYMENT
dc.subject
WAGE SUBSIDIES
dc.subject
WEALTH
dc.subject
WEALTH CREATION
dc.subject
WORKERS
dc.subject
YOUNG WORKERS
dc.subject
YOUTH EMPLOYMENT
dc.subject
YOUTH UNEMPLOYMENT
dc.title
The Mechanics of Job Creation : Seizing the New Dividends of Globalization
en
okr.crosscuttingsolutionarea
Jobs
okr.date.disclosure
2013-10-01
okr.doctype
Publications & Research :: Policy Research Working Paper
okr.doctype
Publications & Research
okr.docurl
http://documents.worldbank.org/curated/en/2013/10/18409490/mechanics-job-creation-seizing-new-dividends-globalization
okr.globalpractice
Macroeconomics and Fiscal Management
okr.globalpractice
Social Protection and Labor
okr.globalpractice
Finance and Markets
okr.globalpractice
Health, Nutrition, and Population
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/1813-9450-6661
okr.identifier.externaldocumentum
000158349_20131017160056
okr.identifier.internaldocumentum
18409490
okr.identifier.report
WPS6661
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/10/17/000158349_20131017160056/Rendered/PDF/WPS6661.pdf
en
okr.region.country
Brazil
okr.region.country
China
okr.topic
Banks and Banking Reform
okr.topic
Health, Nutrition and Population :: Population Policies
okr.topic
Economic Theory and Research
okr.topic
Social Protections and Labor :: Labor Markets
okr.topic
Social Protections and Labor :: Labor Policies
okr.topic
Finance and Financial Sector Development
okr.topic
Macroeconomics and Economic Growth
okr.unit
Office of the Chief Economist, Development Economics Vice Presidency
okr.volume
1 of 1

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