World employment 1996/97. National policies in a global context

Reviews the worldwide employment situation and argues that national macroeconomic, structural and labour market policies, rather than globalization, are the determinants of labour market outcomes. Comprises five main chapters: chapter one looks at employment in a global context; chapter two considers whether full employment is attainable; and chapters three to five look at the employment situation in, respectively, the industrialized, transition and developing countries. Issues covered include: rising wage inequalities, wage inflation, and reforming the unemployment benefit system in industrialized countries; containing unemployment in the transition economies; and growth and structural adjustment, labour market regulation, and wage inequality in developing countries.

Full employment is the theme of this second issue of World Employment. The report includes a global review of recent employment trends and of the major sources of scepticism over the contemporary relevance of full employment. It presents comprehensive empirical evidence to refute claims that the end of work and jobless growth are now facts of life and argues that, suitably updated, the objective of full employment remains both highly desirable and attainable. World Employment 1996/97 provides policy options for industrialized countries, transition economies, and developing countries and includes new empirical analyses of:

  • trends in job tenure in industrialized countries
  • trends in wage inequality in industrialized and developing countries
  • changes in attitudes towards work, and the impact of unemployment on life satisfaction
  • trends in manufacturing employment and wages in developing countries
  • labour market regulations and non-wage labour costs in developing countries.