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Issues relating to the interaction of trade and the environment are a major international policy concern. They are likely to be a focal point during the next round of trade negotiations within the WTO. Free trade advocates contend that trade liberalization makes countries richer and as a result...
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Does a reduction in offshoring cost benefit workers in the world's factories in developing countries? Using a parsimonious two-country model of offshoring we find very nuanced results. These include cases where wages monotonically improve, worsen, as well as where wages exhibit an inverted...
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Both raw intuition and past experience suggest that the success of an employment guarantee scheme (EGS) in safeguarding the welfare of the poor depends both on the wage it promises, and the ease with which any worker can gain access. An EGS is thus at once a wage guarantee and a rationing...
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