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Labor Institutions and Development Under Globalization

Resources - Author: Jeronim Capaldo, Servaas Storm / Year: 2018

Labor market regulation is a controversial area of public policy in both developed and developing countries. Mainstream economic analysis traditionally portrays legal interventions providing for minimum wages, unemployment insurance and (often only a modicum of) employment protection as ‘luxuries’ developing countries cannot afford. After decades of de-regulatory advice, international...

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