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Author Turnell, Sean
Source CiteSeerX
Content type Text
File Format PDF
Subject Domain (in DDC) Computer science, information & general works ♦ Data processing & computer science
Abstract Full employment is a necessary prerequisite before the gains from international trade can be specified. Yet the assumption of full employment is seldom acknowledged by economists when advancing policy advice, and nor is it made clear in the policy infrastructure of such bodies as the WTO. The purpose of this paper is to examine the importance of the assumption of full employment to the case for free trade. Arguing that the right to employment is a human right, the paper concludes that it is also a precondition for the successful creation of a rule-based trading order, and the economic basis for global stability and prosperity. There is a fundamental distortion at the heart of ‘globalisation’. A label that refers, primarily, to the greatly enhanced international mobility of goods, services and capital, coupled with accommodating advances in information technology, globalisation has yet to encompass any enhanced mobility of labour. Indeed, to the extent that industrial
Educational Role Student ♦ Teacher
Age Range above 22 year
Educational Use Research
Education Level UG and PG ♦ Career/Technical Study
Learning Resource Type Article