Globalization as the cause of changes in wages Cover Image

Globalizacja jako przyczyna zmian płac realnych
Globalization as the cause of changes in wages

Author(s): Regina Klimkowska
Subject(s): Economy
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: globalization; economical changes; wages

Summary/Abstract: The paper presents selected results of globalization process, in particular those effecting wages in world economy. The downfall of wages, according to the author, is determined to a large extend by political factors (neoconservative ideology) and economical factors – changes in the international labor market, relocating production from developed countries (with high wages) to developing countries (with low wages). The paper also underlines, that a development of a country and the modernity of its economy (e.g. South Korea and China) was not caused only by globalization process but rather conscious economic policy of their governments.

  • Issue Year: 2014
  • Issue No: 34
  • Page Range: 59-73
  • Page Count: 15
  • Language: Polish
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