Manufacturing output,employment and real wages in the 1980s: Labour's loss until the century's end |
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| Authors: | Alice H. Amsden Rolph van der Hoeven |
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| Affiliation: | 1. Richards Professor of Political Economy at the Department of Urban Studies and Planning , Massachusetts Institute of Technology , Cambridge, MA, USA;2. Head, Employment Planning and Policies Unit, Employment Strategies and Policies Branch , International Labour Office , Geneva, Switzerland |
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| Abstract: | During the 1980s most developing countries experienced sharp declines in manufacturing output and real wages, whilst their manufacturing sectors were supposedly ‘restructured’ or made more competitive by having to confront market forces. This article examines the extent to which macroeconomic adjustment and industrial restructuring policies succeeded in achieving their objectives. |
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