Sunday, 12 April 2015

Negatives of Globalisation: Labour

Another point which should be considered when talking about globalization is the income distribution. Experts suggest that the increased trade between North and South has reduced income inequality among skilled and semi-skilled workers in the South . On the other hand it has increased the inequality among such workers in the North. This is because manufactured exports from the South raise demand and wages for workers with only limited skills and education. But the effect in the North is the opposite. There the service and technology industries pay top wages to highly skilled workers but have little use for semi-skilled labor.

https://laboureconomics.wordpress.com/2012/05/14/causes-and-effects-of-globalization-6/

Here the writer is talking about how Globalisation doesn't have equal effects on the lower skilled workers in the North as it does in the South of the hemisphere because of the fact that we have more jobs available for the higher skilled worker. I don't necessary think this statement is correct in the way that it is painting the north and south as polar opposites, that there are two ways of life and not that there are crossovers. 

1 comment:

  1. I think this is an interesting thought, but I don't think it's something that would come to mind if I were thinking of negatives to globalisation. and although I can admit I don't know much about jobs in the north/south I can't imagine that the difference would be that bold. Every country still needs the lesser skilled workers after all.reading the full article I realise that the author was infact in favour of globalisation, which is an interesting note to pick up on, but I do feel there are stronger negatives to globalisation.

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