Trade With Low Wage Economies, Employment And Productivity In Uk Manufacturing  

Oleh:

Hine, Robert C.

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Economic Journal (EBSCO) vol. 108 no. 450 (Sep. 1998), page 1500-1510.
Fulltext: 1500.pdf (166.23KB)

Isi artikel

The pattern of UK employment has been signi®cantly transformed over the last two decades, strengthening the services base of the economy but in the process imposing signi®cant adjustment pressures on many groups in the labour force. The manufacturing sector has experienced large scale job losses: of the 7.26 million jobs in the sector in 1979, some 2.8 million, or 40%, had disappeared by 1992. The impact on some regions and groups of workers has been severe ± unskilled workers especially found it dif®cult to obtain re-employment, and their relative earnings have declined. During this period unemployment levels increased rapidly, peaking at 3.1 million in 1983 but remaining at over 2 million for much of the subsequent period. These developments have been driven by a number of factors, both national and international. Technological advance and institutional change have certainly been major factors. A key concern, addressed in this paper, has also been the role played by the rapid growth of import competition from low wage economies.

Opini Anda

Klik untuk menuliskan opini Anda tentang koleksi ini!

Kembali