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Journal of Economic Perspectives: Vol. 12 No. 4 (Fall 1998)

JEP Volume. 12, Issue 4 | Previous ArticleNext Article

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JEP - All Issues

Globalization, Labor Markets and Policy Backlash in the Past

Article Citation

Williamson, Jeffrey G. 1998. "Globalization, Labor Markets and Policy Backlash in the Past." Journal of Economic Perspectives, 12(4): 51-72.

DOI: 10.1257/jep.12.4.51

Abstract

The late nineteenth and twentieth centuries have many things in common. Both periods recorded fast growth, convergence, and labor-market integration between OECD members. Both periods witnessed intense debate about who gained and who lost from globalization. Furthermore, the earlier period saw a retreat from global liberalism long before the interwar deglobalization disaster. Did globalization of that time plant seeds of its own destruction? Are there lessons for the present?

Article Full-Text Access

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Authors

Williamson, Jeffrey G. (Harvard U)

JEL Classifications

N30: Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, and Religion: General, International, or Comparative
F16: Trade and Labor Market Interactions
F02: International Economic Order
N70: Economic History: Transport, International and Domestic Trade, Energy, Technology, and Other Services: General, International, or Comparative
F22: International Migration

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