Trade and Employment

(CC) ILO

The International Labour Office (ILO), jointly with the European Commission (EC), has published the book “Trade and Employment: From Myths to Facts.” The study aims to promote the advancement of employment, decent work and social cohesion in developing countries by assisting policy makers and social partners in anticipating and addressing the effects of trade reforms on employment.

The book argues in favor of strengthening the micro-foundations of models used to evaluate the employment effects of trade, as well as of including the informal economy and adjustment processes in modeling efforts. It also emphasizes the role of governments in helping firms survive or grow; in providing social protection to protect against external shocks; in addressing gender equity; and in building physical infrastructure and human skills bases that facilitate export diversification.

Access the full text online.