This paper evaluates the neoliberal economic restructuring process implemented in Korea following the 1997 Asian financial crisis. We first argue that the austerity macroeconomic policy of late 1997 and early 1998 was the main cause of the economic collapse in 1998, and that the decision of the...

The institutional structure of global commodity chains and cross-border production networks will have a profound impact on how the benefits of globalized production are distributed. This paper develops a model that combines the insights of earlier unequal exchange theorists and new work on...

This paper provides some empirical evidence on issues raised by the global anti-sweatshop movement. We first consider the relationship between wage and employment growth, finding no consistent trade-off between them. We then measure the share of labor costs in the production of garments in the...

The institutional setting of subcontracted manufacturing has a profound impact on how the benefits of trade are distributed. This paper develops a model that combines insights from unequal exchange theorists and global commodity chain analysis to clarify the distributive dynamics of production...

This paper provides some empirical evidence on issues raised by the global anti-sweatshop movement. We first consider the relationship between wage and employment growth, finding no consistent trade-off between them. We then measure the share of labor costs in the production of garments in the...