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Incorporating new empirical data and using a wide variety of methods such as econometrics, general equilibrium and case studies, this detailed volume provides a thorough investigation into the causes of the deterioration in the relative economic fortunes of less-skilled workers across various countries, with a focus on the role of globalization.

It reveals how in the past thirty years, the decline in the wages and employment of less-skilled workers relative to skilled workers in Europe and North America has coincided with an acceleration in 'globalization'. The latter's rapid pace...

Incorporating new empirical data and using a wide variety of methods such as econometrics, general equilibrium and case studies, this detailed volume provides a thorough investigation into the causes of the deterioration in the relative economic fortunes of less-skilled workers across various countries, with a focus on the role of globalization. It reveals how in the past 30 years, the decline in the wages and employment of less-skilled workers relative to skilled workers in Europe and North America has coincided with an acceleration in 'globalization'.

Examines how the international economy has become more connected via increased production, trade, capital flows and financial linkages.