Abstract
The academic analysis of the labour market impacts of globalization has been dominated by neoclassical approaches both in the extensive work on developed countries and the more limited, but growing literature on developing countries. However, in many developing countries the positive impacts predicted for workers in (unskilled) labour-abundant economies have not been observed. This suggests that heterodox approaches may have an important contribution to make in analysing labour market outcomes. The paper contrasts the neoclassical and heterodox interpretations, reviews previous empirical studies of South Africa, and presents new data and analysis of the South African manufacturing sector.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
