Trade
Trade and jobs
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Many people are concerned about the effects of open trade on employment where they live. In fact, OECD analysis shows that liberalised trade is an engine for job creation in all countries, especially as the world moves from economic crisis to recovery. |
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Out now
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Facts about trade and jobs |
Trade improves employment and wages through growth
- Of the 14 main studies undertaken since 2000 reviewed in the publication Policy Priorities for International Trade and Jobs, all 14 have concluded that trade plays an independent and positive role in raising incomes.
Trade - both exports and imports - contributes to creating better jobs
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Trade can also improve working conditions
- In a broad sample of open and closed economies around the world, examined over a 30-year period, open economies significantly outperformed closed ones in working conditions, including fatal accidents and life expectancy. Labour rights are also generally better respected.
- In Japan, trade contributed to a reduction in the number of hours worked and in Chile it interacted with unionisation in the export sectors to raise wages for workers.
Taken from: Trade, Growth and Jobs (pdf, 4 pages, 185 KB)
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Jagdish Bhagwati on trade and jobsTrade is not 'taking' jobs out of developed countries, says Professor Jagdish Bhagwati of Columbia University in this OECD interview. Firms from developing countries are now creating employment in developed economies, he says. |
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More on trade and jobs |
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International Collaborative Initiative on Trade and Employment (ICITE)
Launched and co-ordinated by the OECD, ICITE* is a joint undertaking of 10 international organisations to seek a better understanding of how trade interacts with employment. |
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Trade and Employment (chapter from International Trade: Free, Fair and Open?) Do imports undermine domestic jobs? Why do companies outsource? Does competition from emerging economies reduce job numbers and lower wages in OECD countries? This basic guide to international trade tackles these questions.
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The Impact of Trade Liberalisation on Jobs and Growth Further trade liberalisation by G20 countries would boost growth, employment and real wages for all countries, according to this report. Using a computable general equilibrium model of the world economy, it takes a fresh approach to estimating the economic effects of trade liberalisation. |
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From wigs to riches: trade, employment and growth
Korea, host of the G20 summit in 2010, is an example of how market openness brings jobs and economic success to a country, explains the OECD Insights blog. Add your comment! |
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Seizing the Benefits of Trade for Employment and Growth
Open markets, complemented by properly designed employment and social policies, are essential to job creation, says this joint report by the OECD, the International Labour Organization (ILO), the World Bank and the World Trade Organization (WTO). |
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Trade and Jobs - 2011 Meeting of the OECD Council at Ministerial Level Open international trade is a catalyst for creating more and better jobs, agreed trade ministers at an OECD meeting in May 2011. Read the main points of this meeting. |
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Does trade kill jobs or create them? Facts drawn from OECD data and analysis demonstrate that open trade contributes to net job creation and greater economic growth. |
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Links |
Bookmark this page: www.oecd.org/trade/employment
* ICITE is comprised of: the African Development Bank, Asian Development Bank, Economic Commission for Latin America and the Caribbean, Inter-American Development Bank, International Labour Organization, Organization of American States, Organisation for Economic Co-operation and Development, United Nations Conference on Trade and Development, World Bank and World Trade Organization. The views expressed here do not necessarily reflect those of the ICITE partner organisations.
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