Tag Archives: globalization

How China’s rise has challenged the benign view of free trade

The costs and benefits of free trade are one of the most contentious topics in economic policy. Economists often argue in policy discussions that trade is Pareto improving (i.e., at least one party wins without any other party losing) and … Continue reading

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Low-skilled immigration causes human capital polarization in Italy

While there is a vast literature considering the labor market effects of immigration, less has been done to investigate how immigration affects the educational choices of young natives, especially in Europe. A new IZA discussion paper by University of Padova … Continue reading

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Globalization’s stabilizing effect on manufacturing jobs in Germany

Recently, there has been strong interest in the decline of manufacturing in the United States. Although the share in real output has been constant since the 1960s, the share in aggregate employment has been steadily decreasing over time. A popular … Continue reading

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Life satisfaction gap between transition countries and the West is closing

Trends of globalization such as migration, economic integration and digital communication are undoubtedly bringing people closer together. But do they also cause the levels of satisfaction to converge? Researchers have long studied the institutional factors contributing to the strong international … Continue reading

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Do we have to be afraid of the future world of work?

The current public debate in many developed countries about the future of paid employment is characterized by strong feelings of uncertainty. Studies emphasizing the potentially deep and severe impact of globalization and automation have nourished fears of significant job destruction … Continue reading

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Chinese imports push low-skilled Norwegians into unemployment

China’s rise to global economic power has had a major impact on the recent globalization process. In 2009, China became the world’s largest exporter. This evolution affects local labor markets all over the planet. Many nations complain that Chinese competition … Continue reading

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The Economics of Migration – in one book

The field of migration economics is becoming more and more important: globalization has led to an integration of labor markets. Ethnic diversity is gaining importance – as both an opportunity and a threat. Many countries will be facing demographic disruptions … Continue reading

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