Leveraging Trade for More and Better Jobs

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dc.creatorMaliszewska, Maryla
dc.creatorWinkler, Deborah
dc.date2024-09-12T15:23:04Z
dc.date2024-09-12T15:23:04Z
dc.date2024-09-12
dc.date.accessioned2026-07-01T00:33:51Z
dc.descriptionTrade exposure is traditionally seen as key to job creation and poverty reduction, but its efficacy is questioned amid global labor market upheavals and protectionist trends. Drawing on six underlying studies, this report uses disaggregated data from 1995 to 2019 to explore the nuanced impact or trade on jobs. Specifically, it investigates the impact of trade exposure on job creation, labor earnings, productivity, and job quality across countries with varying income levels. It finds that trade exposure, particularly in exports and global value chains, correlates with increased employment, especially in manufacturing where it is also associated with higher female workforce participation. Higher trade exposure is associated with increased labor earnings, with wage inequality decreasing in low- and middle-income countries due to global value chain integration. Labor productivity improves with export growth, especially benefiting unskilled workers in low-tech manufacturing and agriculture in developing countries. Job quality is also enhanced with more exports, transitioning to salaried employment positions and higher value-added activities outside of production. However, the report notes that trade exposure does not significantly boost job numbers or reduce earnings inequality in low- income countries. It also finds that the positive effects of trade on employment, earnings, and productivity have diminished following the global financial crisis of 2007. These findings Offer insights into future job and trade policy strategies.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/099082824074054627/P17853812dd3780221b31d15f2c6c4768ea
dc.identifierhttps://hdl.handle.net/10986/42148
dc.identifier10.1596/42148
dc.identifier.urihttp://hdl.handle.net/123456789/406196
dc.languageEnglish
dc.languageen_US
dc.publisherWashington, DC: World Bank
dc.relationProsperity Insight Series
dc.rightsCC BY-NC 3.0 IGO
dc.rightshttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.rightsWorld Bank
dc.subjectTRADE
dc.subjectTRADE AND EMPLOYMENT
dc.subjectTRADE AND GROWTH
dc.subjectTRADE POLICY AND INVESTMENT AGREEMENTS
dc.subjectTRADE AGREEMENTS AND NEGOTIATIONS
dc.subjectIMPACT OF TRADE
dc.subjectGROWTH DIAGNOSTICS
dc.subjectMACROECONOMIC MONITORING
dc.subjectPOVERTY
dc.subjectPREFERENTIAL TRADE AND INVESTMENT AGREEMENTS
dc.subjectTRADE POLICY AND INTEGRATION
dc.subjectMACROECONOMIC AND STRUCTURAL POLICIES
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC GROWTH POLICY
dc.subjectMARKETS AND INSTITUTIONS FOR POVERTY REDUCTION AND SHARED PROSPERITY
dc.subjectDETERMINANTS OF GROWTH
dc.subjectDECENT WORK AND ECONOMIC GROWTH
dc.subjectSDG 8
dc.subjectNO POVERTY
dc.subjectSDG 1
dc.titleLeveraging Trade for More and Better Jobs
dc.typeReport

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