Towards a socially sustainable world economy : an analysis of the social pillars of globalization / Raymond Torres.

Format:

Book

Government document

Author/Creator:

Torres, Raymond.

Series:

Studies on the social dimensions of globalization.

Studies on the social dimensions of globalization

Language:

English

Subjects (All):

International economic integration.

Globalization--Social aspects.

Globalization.

Foreign trade and employment.

Free trade--Developing countries.

Free trade.

Physical Description:

1 online resource (108 p.)

Edition:

1st ed.

Place of Publication:

Geneva : ILO, 2001.

Language Note:

English

Summary:

Presenting new analytical and policy-oriented research, this timely study examines the positive, as well as the negative social impact of globalization in countries at various stages of economic development. The report looks at how globalization stimulates output and income for some nations, but can also create wider income equalities, job instability, and economic vulnerability. It investigates what kinds of policies (economic, social and labor) can be adopted to improve the benefits and reduce the costs as the world becomes more economically integrated. Using statistical evidence, empirical research, and the use of modern tools of economic analysis, this book examines the social impact in Bangladesh, Chile, Mauritius, Poland, Republic of Korea, South Africa, and Switzerland. Accompanying this synthesis study are detailed reports on each of these seven countries, which can be purchased separately.

Contents:

Intro

PREFACE

CONTENTS

ACKNOWLEDGEMENTS

LIST OF ABBREVIATIONS

SUMMARY

INTRODUCTION

Notes

PART I GLOBALIZATION: PERCEPTIONS, DEFINITION AND MEASUREMENT

A. THE INTERNATIONAL DEBATE

B. A SIMPLE DEFINITION

C. MEASURING GLOBALIZATION

Trade flows

Table 1 Merchandise exports as a percentage of GDP in selected countries, 1820-1996

Figure 1 World exports of goods and services as a share of world gross domestic product (GDP),

Capital flows

Figure 2 Exports of goods and services as a share of GDP by group of countries, 1987-97

Figure 3 World exports of services as a share of total world exports, 1975-98

Figure 4 Trends in capital flows

Table 2 Comparison of world exports and turnover in foreign exchange markets, 1989-98

Multinational enterprises and the reorganization of production networks

PART II THE SOCIAL IMPACT OF GLOBALIZATION

A. INTRODUCTION

B. THE COST OF FREE CAPITAL MOVEMENTS

Table 3 Correlation between capital flows and real exchange rates of selected countries, 1981-98

C. GLOBALIZATION AND INCOME INEQUALITIES

Figure 5 Switzerland: Labour market characteristics of the country's industrial specialization, 1994

Table 4 Household income distribution before and after trade liberalization, various years

Figure 6 Bangladesh: Diverging trends in real per capita income of richest and poorest households, 1985-86 to 1995-96

Figure 7 Chile: Estimated determinants of wage and income inequalities, 1960-96

Figure 8 South Africa: Labour market performance of manufacturing sectors by trade orientation, 1994-97

Figure 9 Republic of Korea: Estimated impact of trade on employment by level of education, 1990

D. GLOBALIZATION AND JOB INSECURITY

Figure 10 Trade and inter-sectoral employment flows, 1986-95

E. NEW PATTERNS OF EMPLOYMENT.

Table 5 Part-time work as a share of total employment, mid-1980s to 1998

Table 6 Temporary employment as a share of total salaried employment, mid-1980s to 1998

Table 7 "Unprotected" salaried employment indicators, early 1990s and 1997

F. TAXES AND GLOBALIZATION

Trade taxes

Table 8 Taxes on international trade and government revenues

Taxation on revenues of high-income individuals

Figure 11 Top marginal tax rate on individual incomes, 1986 and 1998

G. THE MULTILATERAL TRADE LIBERALIZATION PROCESS AND DEVELOPING COUNTRIES

PART III THE ROLE OF POLICIES

A. ENHANCING BUSINESS OPPORTUNITIES ARISING FROM GLOBALIZATION

B. STRENGTHENING THE FOUR SOCIAL PILLARS

Education and training

Social safety nets

Box 1 Pension reform in Poland

Figure 12 Mauritius: Percentage of government current revenue from international trade, 1980-97

Labour law and industrial relations

Core labour standards

CONCLUDING REMARKS

APPENDIX 1 SUMMARIES OF THE COUNTRY STUDIES

Bangladesh

Chile

Republic of Korea

Mauritius

Poland

South Africa

Switzerland

Index.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Includes bibliographical references (p. 91-94).

ISBN:

1-280-08932-6

OCLC:

70748434