The purpose of this paper is to provide insights into how the proliferation of
globalization has impacted labor markets both in a advanced industrialized nations and
well as developing nations. Insightful analysis will be drawn from Oatley (2011) on division
of labor, Jaumotte & Tytell (2007) on labor compensation, Hahn & Narjoko (2013) on the
impact on South Asian Countries, Basu (2016) on wage as a share of GDP and Wallace,
Gauchat & Fullerton (2011) on the impact of globalization and labor ma…
Read moreThe purpose of this paper is to provide insights into how the proliferation of
globalization has impacted labor markets both in a advanced industrialized nations and
well as developing nations. Insightful analysis will be drawn from Oatley (2011) on division
of labor, Jaumotte & Tytell (2007) on labor compensation, Hahn & Narjoko (2013) on the
impact on South Asian Countries, Basu (2016) on wage as a share of GDP and Wallace,
Gauchat & Fullerton (2011) on the impact of globalization and labor markets on inequality.
